7 Richardson StreetWest Perth WA 6005
Property Details for 7 Richardson St, West Perth
Last Listing description (March 2023)
CBRE are pleased to present 7 Richardson Street, West Perth to market for sale. A classic character dwelling with an extensive refurbishment for its current use as a Surgeon's Medical Rooms. The investment class asset presents an outstanding opportunity for occupation or investment.
The property will be sold with a lease-back to the vendor ending circa November 2023.
Located at the eastern end of Richardson Street and only 150m from Hay Street retail strip, the property offers excellent access to an abundance of surrounding amenities and conveniences.
Highlights
-Queen Anne era federation building with a premium medical fitout including treatment theatre, consulting rooms, reception / waiting area and amenities.
-10 off street car bays for staff and patients.
-The property is located between four of Perth's major Hospitals. QEII Medical Precinct & Hollywood Hospital (2.7 kilometres); St John of God Subiaco (1.4 kilometres); Royal Perth Hospital (2.4 kilometres); Mount Hospital (960 metres).
Future Development Potential:
-Located in a premium West Perth office location the property which has a land area of 827m and frontage to Richardson Street of 18.32 metres offers excellent longer term development potential.
-Zoned Office/Residential under the City of Perth Local Planning Scheme No 2 and located in Precinct 10 West Perth.
- Built form controls allow 2.0:1.0 plot ratio (maximum 1.33:1.0 for use groups other than Residential or Special Residential) and a maximum building height of 29 metres. Potential maximum building area would be 1,654m.
- Multiple uses available subject to council approval.
- Dual street frontage allowing excellent vehicle access.
The property is offered for sale exclusively by CBRE via an Offers to Purchase campaign closing Thursday 3 November 2022 at 3pm AWST.
Property History for 7 Richardson St, West Perth, WA 6005
- 10 Nov 2022Sold for $3,275,000
- 04 Oct 2022Listed for Sale Offers to Purchase
- 21 Apr 2017Sold for $2,900,000
Recent sales nearby
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0About West Perth 6005
The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2016 was 5608 people. By 2021 the population was 6102 showing a population growth of 8.8% in the area during that time. The predominant age group in West Perth is 30-39 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation.In 2021, 33.70% of the homes in West Perth were owner-occupied compared with 33.00% in 2016.
West Perth has 5,856 properties. Over the last 5 years, Houses in West Perth have seen a 67.65% increase in median value, while Units have seen a 60.37% increase. As at 30 November 2025:
- The median value for Houses in West Perth is $1,369,070 while the median value for Units is $658,931.
- Houses have a median rent of $875 while Units have a median rent of $700.
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