220 Pier StreetPerth WA 6000
Property Details for 220 Pier St, Perth
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
- 11 Oct 2022Sold for $12,100,000
- 13 Jul 2021Listed for Sale Expressions of Interest
- 03 Oct 2017Listed 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 12,094 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:
- The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
- Houses have a median rent of $850 while Units have a median rent of $750.
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