1202, 1204 Hay Street, & 80 Colin Street, West Perth_Property for Sale

1202, 1204 Hay Street & 80 Colin St, West Perth, WA, 6005, AU

1202, 1204 Hay Street, & 80 Colin Street, West Perth

Asset description

JLL as exclusive selling agents are pleased to present to market 1202-1204 Hay Street & 80 Colin Street, West Perth the most significant land holding in the West Perth precinct.

This unprecedented 5,344sqm aggregation sits on arguably the key intersection within the core of West Perth, being immediately adjacent to the widely recognized Hay Street West Perth retail and café strip. The site’s three street frontages combined with its irreplaceable location positions the opportunity as the most significant West Perth development site offering to come to market in many years.

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Attributes

Land area gross

57,522 sf

Media

Investment highlights

Unprecedented site aggregation of 5,344sqm delivering unmatched development scale and three street frontages
Flexible mixed-use planning framework supporting office, apartment, purpose-built student accommodation (PBSA), hotel/short stay, build-to-rent (BTR) and more
Absolute core West Perth location with exceptional retail and F&B ground floor activation potential
Focal point of nearby local amenities centered around the immediately adjacent Hay & Colin Street café/retail strip
Existing approved Special Control Area (SCA) supporting up to 19,000sqm of plot ratio, plus the new draft City of Perth Town Planning Scheme No.3 which is expected to deliver further benefits including over 30,000sqm GFA (STCA) development potential
Expansive 3-dimensional development plane of over 50,000sqm supporting potential for both single and multi-building projects
Seamless connectivity being within just one kilometre of the Perth CBD, and Perth freeway network access points, plus situated within the Perth Bus Free Transit Zone
Significant holding income potential from the various character improvements spanning the three sites
Leverage off the nation’s strongest state economy underpinned by a dominant resource industry, buoyant labour market, surging population growth, historically tight housing market and high average wages

For Sale via Expressions of Interest closing Wednesday, 7 May 2025 at 2:00pm (AWST).