Fully Leased to CBA

670 beaufort street, mount lawley wa

Price: Offers Invited

Property Details

- New 3 year lease to the Commonwealth Bank
- Income $164,700 pa net
- Annual 3.5% increases
- Single tenant investment
- 556sqm block
- Improvements 366sqm*
- Zoned ‘District Centre’
- Parking at rear
- Prime Beaufort Street location

Introduction
Situated in this Blue Chip location is this single tenant investment with new 3 year lease to the Commonwealth Bank of Australia.

Improvements
Two level brick and metal deck character building featuring on the ground floor a banking premises with open plan service areas, offices, teller area, toilet and an ATM.
The first floor comprises offices, kitchen/lunchroom and male and female toilets.
Parking is located at the rear off a laneway.

Land Details
Lot 123 on Diagram 10526 Certificate of Title Volume 1053 Folio 695.

Zoning
The City of Stirling advise that the property is zoned ‘District Centre’

Lease Particulars
Tenant Commonwealth Bank of Australia
Expiry 31 May 2021
Option 2 years
Income $164,700 pa net
Rent Reviews 3.5% annually
Outgoings Payable by Lessee

Sale Conditions and Closing Date
The property is offered for sale ‘Offers Invited’ closing 2pm (WST) Thursday, 28 June 2018. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 10, 225 St Georges Terrace, Perth before the closing time.

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

Featured Details

Leased Date 07/08/2018
Current Tenant Tenanted
Gross Building Area 366 sqm
Land Size 556 sqm

Property Enquiry

Regarding Property ID: WA011845

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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