194 William StreetPerth WA 6000
Property Details for 194 William St, Perth
Last Listing description (February 2023)
194 William St, Perth is an exceptionally located property in the heart of the Northbridge area, brimming with potential for investors, accommodation operators and developers.
The building, known as Perth Hostel and constructed in the early 1900s, has a long and storied history, and has been under its current ownership since the 1960s. The property has an accommodation offering with approximately 29 rooms, in addition to three ground floor retail tenancies with broad frontage to busy William St.
Key features of the property include:
-554sqm Land area*.
-1,237sqm Lettable area*.
-18 metres of William St frontage*.
-Located only metres to the proposed ECU City Campus, Perth Train Station and Busport and the CBD.
-Approximately 29 room vacant accommodation tenancy over the entirety of the first and second floors. A 3D virtual tour of this accommodation tenancy is available.
-Three ground floor retail tenancies which are currently home to Bivouac Canteen, Govinda's Restaurant and Aim Hair Studio.
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The strategic location of this property will be highly sought after by those looking to take advantage of the significant Government expenditure in the area, including the proposed 60,000sqm ECU City Campus which is expected to attract around 9,000 students and staff.^
This property is for sale by Cygnet West, with offers closing 2pm AWST on the 14th of December 2022.
Please contact the listing agents for further information or to arrange an inspection.
* approx
^ Source: State Govt
Property History for 194 William St, Perth, WA 6000
- 21 Dec 2022Sold for $4,500,000
- 09 Nov 2022Listed for Sale Contact Agent
Recent sales nearby
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0About 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 12,090 properties. Over the last 5 years, Houses in Perth have seen a 58.72% increase in median value, while Units have seen a 56.21% increase. As at 31 December 2025:
- The median value for Houses in Perth is $1,333,731 while the median value for Units is $630,704.
- Houses have a median rent of $850 while Units have a median rent of $730.
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