287 Lord Street, Perth, WA 6000 sold on 21 February 2025 | OnTheHouse
SOLD
Sold on 21 Feb 2025 for $2,270,000

287 Lord Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: 13
Floor area: 720m2
Land area: 774m2
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Property Details for 287 Lord St, Perth

Building Type
Commercial
Year Built
1975
Floor Size
720m2
Land Size
774m2
Local Government
Vincent
Lot/Plan
77/D100837

Last Listing description (May 2016)

- Modern and well presented.
- High profile location.
- Two level office building.

- Fully leased.
- Building area 668sqm*.
- 13 on site car bays.
- Land area 774sqm*.
- Redevelopment potential**.
Burgess Rawson is pleased to offer for sale 287-295 Lord Street, Perth. An excellent opportunity to purchase a fully leased commercial investment property in this rapidly appreciating city fringe location with future redevelopment potential.
Location
The property is situated in a high profile location offering easy access to the Perth CBD railway and public transport and is within close proximity to the Northbridge and Beaufort Street entertainment precincts.
Improvements
A two level office building with a total NLA of 668sqm* and 13 on site car bays. This modern building is well presented and includes generous staff amenities.
Tenancy
The property is sold subject to the existing leases with an approximate net rent of $133,000 pa. Please refer to the Selling Agents for further details.
Title Details
Lot 77 on Diagram 100837 Certificate of Title Volume 2209 Folio 569.
Land Details
Frontage to Lord Street - 24.49 metres*
Total land area - 774sqm*
Zoning
The Town of Vincent verbally advise that the property is located within 'Precinct 14 Forrest' and is zoned 'Commercial'.
Goods and Services Tax
The sellers are registered for GST and the property is sold as a 'Going Concern'.
Asking Price
$2,150,000 (GST Going Concern)
For further information please contact the Selling Agents.
*Approx
**Subject to Council Approval

Property History for 287 Lord St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$2,270,000
21 Feb 2025
  • 21 Feb 2025
    Sold for $2,270,000
  • 30 Mar 2016
    Sold for $1,800,000
  • 10 Feb 2016
    Listed for Sale SOLD
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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 12,097 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 68 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 866 properties were sold in the past 12 months in Perth.

Suburb Insights for Perth 6000

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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.