255 Adelaide TerracePerth WA 6000
Property Details for 255 Adelaide Tce, Perth
Last Listing description (August 2022)
Ray White Commercial (WA) are proud to offer for Sale Ground Floor/255 Adelaide Terrace, Perth.
Located two doors from the Duxton Hotel and Perth Concert Hall, only minutes from Elizabeth Quay, St Georges Terrace and a significant office population.
Leased to a long term tenant, with a good trading and payment history, this strata titled, food retail unit offers a rarely available investment opportunity.
Featuring;
190sqm* lettable area (129sqm* internal + 61sqm* exclusive alfresco area)
Income of $92,922pa + Outgoings & G.S.T.
• Established 'Bakers Terrace Lunch Bar & Cafe' in occupation
• Approx. 4.25 years remaining on current term
Street front positioning
Modern building
For further information or to arrange an inspection, please contact:
Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com
*approximate
Property History for 255 Adelaide Tce, Perth, WA 6000
- 21 Jan 2019Listed for Sale $1,495,000 (G.S.T. Going Concern)
- 21 Sep 2018Listed for Sale Expressions of Interest
- 10 May 2017Listed for Sale $1,390,000 (GST as a going concern)
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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.
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