Exclusive listing agent CBRE, is proud to present for lease an opportunistic F&B opportunity which forms part of the Pensione Hotel Building located in the up and coming 'East End' of Perth.
Facing Murray Street, Pier Street and a laneway (currently subject to government and community review for activation such as Wolf Lane or Grand Lane), brilliant opportunities exist to locate your funky small bar/restaurant to service the growing F&B scene and hotel occupants here.
The tenancies are located on the ground floor and are part of the Pensione Hotel Building. The hotel comprises of 98 guest rooms and ground floor lobby. Previously a restaurant, all services are in place including grease trap, extraction, ample power and gas, water and water waste. Suspended Liquor License exists on site subject to DRGL confirmation by yourself. Layout is flexible with a complete open shell (bar lobby) available for lease as one or can be split.
The size of Perth is approximately 4.6 square kilometres. There are 21 parks, covering nearly 18.1% of the 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 12,100 properties. Over the last 5 years, Houses in Perth have seen a 61.93% increase in median value, while Units have seen a 61.96% increase. As at 30 June 2026:
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