Fully leased and strategically located 100 metres from the new METRONET Bayswater Train Station, the 500sqm green-titled site offers a prospect for developers or investors looking to capitalise on Bayswater’s revitalisation and growth.
The 100sqm building features dual street frontage and is fully occupied by two established tenants - Gold PC Services and the Old Pop Barber Shop - offering immediate holding income and positive rental reversion potential.
Ray White Commercial WA agents Brett Wilkins, Lachlan Burrows, and Tom Jones are leading the campaign, highlighting the site's unmatched location, flexible development potential, and strong transport connectivity.
“This is a genuine opportunity for a developer or land banker to secure a high-exposure site in a rapidly transforming precinct,” said Mr Wilkins.
“With a potential 9-storey development height and majority of the land unimproved, the property offers rare scale and versatility for future uplift.”
“The green-title status and elevated rear section provide scope for staged development or split-use outcomes,” added Mr Burrows.
“It’s ideal for anyone looking to leverage Bayswater’s growth while enjoying holding income from a fully leased, functional asset.”
With 8 King William Street positioned 100 metres from the upgraded Bayswater Station and close to Guildford Road, Perth CBD, and the airport, the property is expected to attract strong interest from local and interstate developers and investors alike.
“The location really speaks for itself,” said Mr Jones. “You’ve got inner-eastern corridor connectivity, town centre zoning, and a highly accessible site just minutes from major transport routes and the CBD. It’s an investment in the future of Perth’s urban fabric.”
The property is being offered for sale by a private Perth family.