Brand New 10 Year Lease to Commonwealth Department

11 queen victoria street, fremantle

Price: Offers Invited

  • Blue Chip Lease to Commonwealth Dept.
  • Net Income: $460,000 net+GST+Outgoings
  • Zoned ‘Mixed Use’

Property Details

- Blue chip lease to Commonwealth Department
- Net Income: $460,000 net + GST + Outgoings
- Zoned ‘Mixed Use’

Burgess Rawson is pleased to offer for sale 11 Queen Victoria Street, Fremantle. Four combined strata titled lots with a total NLA of 926sqm*. The subject property is brand new and are sold in one parcel with a new 10 year lease to the Department of Human Services.

11 Queen Victoria Street is located 15 kilometres* from the Perth CBD and one kilometre* east from the Fremantle city centre, other businesses surrounding the site include car yards, BP petrol station, Office Works, multiple retail premises and a large amount of residential development currently under construction.

Total Area
Lot 47 - Ground Floor, 340sqm & 3 parking bays
Lot 48 - Ground Floor, 305sqm & 2 parking bays
Lot 49 - Ground Floor, 114sqm + 29sqm Yard & 1 parking bays
Lot 50 - Ground Floor, 167sqm & 1 parking bay
Total: 926sqm*

Zoning
The properties are zoned ‘Mixed Use’ by the City of Fremantle.

Goods and Services Tax
The properties are sold as 'Going Concern'.

Lease Summary
Income: $460,000 net + GST + Outgoings
Initial Term: 10 Years
Options: 2x 4 Year Options
Rent Reviews: Fixed 3.5% Annual Increases

For further information or for a copy of the formal lease, please contact the Exclusive Selling Agent: Brian Neo.

* Approx

Featured Details

Current Tenant Tenanted
Gross Building Area 926
Rent Period Annually

Property Enquiry

Thank you for showing interest in us.

Contact Details

Office Details

Level 10, 225 St Georges Terrace Perth WA 6000

T 08 9288 0288 E perth@burgessrawson.com.au

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