220 Pier Street, Perth, WA 6000 | Property Value & History | OnTheHouse
 
OFF MARKET

220 Pier Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2390m2
Land area: 3490m2
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Property Details for 220 Pier St, Perth

Building Type
Land
Year Built
1970
Floor Size
2390m2
Land Size
3490m2
Local Government
Perth
Lot/Plan
101/D082594

Last Listing description (November 2022)

Ray White Commercial (WA) is pleased to offer for sale a significant strategic land holding in Perth's rapidly developing inner City precinct.The property is a significant development site of 3,490sqm improved with a single level warehouse, benefiting from two street frontages (Pier Street and Nash Street) and adjoining the Work Zone offices.- Existing functional high truss warehouse of 2,390sqm*.- Site Area: 3,490sqm*. - Dual frontage to Pier and Nash Street providing excellent accessibility and flexibility for redevelopment.- Zoned City Centre - Stirling (Precinct 3). Plot ratio 4:1 with a maxium of 6:1 (STCA)^. - Adjoins A grade office development (WorkZone), fully leased to a number of government agencies and A grade tenants. - Located within emerging education, government services and cultural precinct.Opportunity to:- Redevelop under 4:1 Plot ratio plus bonuses, subject to use;- Lease existing warehouse and derive an income;- Repurpose existing improvements for an alternate use;- Owner occupy and landbank for future development.For Information or to arrange an inspection, please contact the Agents:Brett WilkinsRay White Commercial (WA)M: 0478 611 168E: brett.wilkins@raywhite.comLuke Pavlos Ray White Commercial (WA)M: 0408 238 238E: luke.pavlos@raywhite.com* Approximate^ Subject to Council Approval

Property History for 220 Pier St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$12,100,000
11 Oct 2022
Listed for Rent
23 Apr 2019
  • 11 Oct 2022
    Sold for $12,100,000
  • 13 Jul 2021
    Listed for Sale Expressions of Interest
  • 03 Oct 2017
    Listed for Rent $320,000 / year
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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 12,091 properties. Over the last 5 years, Houses in Perth have seen a 58.68% increase in median value, while Units have seen a 53.17% increase. As at 30 November 2025:

  • The median value for Houses in Perth is $1,306,398 while the median value for Units is $603,973.
  • Houses have a median rent of $850 while Units have a median rent of $725.
There are currently 137 properties listed for sale, and 67 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 867 properties were sold in the past 12 months in Perth.

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