Asking Price Contact for pricing
Sq. Footage 11
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1896
Lot Size 101 ACRES

Property Description

JLL as exclusive selling agent is pleased to offer for sale the former Sholl's Building located at 621 Hay Street Mall, Perth, a historically rich and significant part of the city's high street retail mall. Originally constructed in 1896, the former Sholl's building has been home to a wide variety of uses such as solicitors, tailors, medical practitioners, dressmakers and more recently Wilson Fabrics for many decades. Today the property is ideally situated amongst some of the largest high profile national, multi-national and international brands such as David Jones, Pottery Barn, WestElm, Commonwealth Bank, Nike, Telstra etc. Whilst benefiting from the high exposure of the Hay Street Mall, the property is located in the historic heart of the Perth CBD with connectivity to the State buildings, Perth Town Hall, the newly constructed City of Perth library and recently completed QT hotel Perth.


The property is offered for sale by Expressions of Interest closing Wednesday 4 December 2019 at 2pm (AWST).

Investment Highlights

  • Prime freehold retail building
  • Approximately 89 sqm NLA ground floor and 307 sqm total building NLA  
  • Includes roughly 5.87 m of prominent retail mall frontage 
  • First time offered in over 50 years
  • Excellent CBD connectivity
Nigel Freshwater
Head of Sales & Investments - WA
John Williams
John Williams
Managing Director - WA

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