172 Newcastle Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

172 Newcastle Street
Perth WA 6000

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 427m2
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Property Details for 172 Newcastle St, Perth

Building Type
Commercial
Land Size
427m2
Local Government
Vincent
Lot/Plan
510/P052158

Last Listing description (October 2018)

Located in the heart of Newcastle Street s highly sought after dining strip between William and Beaufort Street, this rare opportunity provides the incoming tenant with exposure to over 5,000,000 million cars per annum and the prospect to join an array of destination retailers including Tuck Shop, Authentic Bites Dumpling House, SUPA IGA, Kung Fu Kitchen, Hanabing Dessert Caf and City Lights Hotel.
This tenancy is situated in front of The Nest on Newcastle and allows an opportunity to the prospective operator to service the guests at this 4 star, 20 room boutique hotel.
The heritage character of the building provides a unique opportunity for an experienced operator to establish their business and stand out from the rest of Newcastle Street s prominent retail mix.

The premises comes readily equipped with a full kitchen fitout, cool room, toilet facilities, enclosed alfresco area, storage area and the prospect of transferring the current liquor license subject to RGL approval.
This is a rare ready to go opportunity that is not to be missed.
For further details or to arrange an inspection, please contact James Hopkins or Jim Tsagalis of Lease Equity.

Property History for 172 Newcastle St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$790,000
13 Mar 2008
Listed for Rent
24 Oct 2018
  • 21 Aug 2018
    Listed for Rent - Price not available
  • 27 Mar 2018
    Listed for Rent - Price not available
  • 18 Aug 2017
    Listed for Sale CONTACT AGENT
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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.
There are currently 145 properties listed for sale, and 69 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 806 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.