Two Level Fully Leased Commercial Building

111 Hay Street, SUBIACO WA

Property Highlights

Fully Leased Investment
Income of $71,782.84pa
Substantial Two Level Building

Description

The Opportunity
Burgess Rawson are pleased to present to the market this fully leased investment located at 111 Hay Street, Subiaco. This 541sqm* two level commercial building is fully leased to JCM Construction Pty Ltd & NV Contracting Pty Ltd each occupying a floor with 3 and 5 year leases in place respectively.
Both tenant’s enjoy a substantial office fit out, signage on to Hay Street and rear laneway access to the parking bays.

Features Include:
– Fully leased investment
– Income of $71,782.84pa
– Annual reviews
– Substantial two level building
– 541sqm* of improvements
– 435sqm* freehold site
– Two tenants
– Zoned commercial/residential
– Prime Hay Street location minutes from the CBD
– Substantial & impressive office fit out on both floors
– Rear laneway access

Title Details
Lot 19 on Plan 1508 Certificate of Title Volume 1422 Folio 100

Zoning
The City of Subiaco advise that the property is zoned ‘Commercial/Residential’

Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.

Sale Price: Offers in the high $1m’s

For further information please contact the Selling Agent

*Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
435 SQM
Building Area
541 SQM

Contact Agents

Rob Selid

0412 198 294

Contact Me

Luke Randazzo

0417 181 309

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