16/524 Hay StreetPerth WA 6000
Property Details for 16/524 Hay St, Perth
Last Listing description (August 2022)
Unit 16 being level 6 is now sold
Now Offered For Sale
Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia's largest legal firms in the very heart of Perth's legal quarter.
Strategically located in the heart of Perth's legal quarter with close proximity to the Supreme Court of WA , Treasury precinct and Perth Library, the property comprises of 528m2 of strata floor with a beautiful office fit out.
Key attributes include:
- Level 5 location on the northern side of Hay Street
- Fully leased with 5.5 years remaining
- Net Passing Income $224,000 pa
For further information or to arrange an inspection, please contact:
Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com
Luke Pavlos
Ray White Commercial (WA)
M: 0408 823 823
E: luke.pavlos@raywhite.com
Property History for 16/524 Hay St, Perth, WA 6000
- 19 Apr 2022Sold for $3,160,000
- 11 Mar 2022Listed for Sale $3,250,000 (Going Concern)
- 07 Feb 2019Sold for $1,226,500
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About Perth 6000
The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.
Perth has 12,100 properties. Over the last 5 years, Houses in Perth have seen a 55.65% increase in median value, while Units have seen a 60.09% increase. As at 31 March 2026:
- The median value for Houses in Perth is $1,386,298 while the median value for Units is $697,298.
- Houses have a median rent of $855 while Units have a median rent of $750.
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