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The sale marks the first transfer of the properties in over 40 years

CBD retail strip sells for $8m

The building on the corner of Wellington and Pier streets, most recently home to the Wellington Surplus Stores, and an adjoining property have been purchased in an off-market deal for $8.4 million.

The sale of Perth CBD retail sites 317-335 Wellington Street and 105-107 Pier Street was negotiated by Lease Equity director of capital markets, Luke Pavlos, and marked the first transfer of the properties in more than 40 years.

The site comprises five contiguous allotments totalling approximately 1,400 square metres. 

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8th-Landmark Harcourts WA28
9th↑McGees Property28
10th-Lease Equity28
11th↑Acton GroupNFP
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