Superb Subiaco Commercial Leased Investment

22/513 hay street, subiaco wa

Price: $1,450,000 (Going Concern)

  • Prime City Fringe Location
  • Quality Fitout
  • Great Parking Allocation

Property Details

Burgess Rawson is pleased to offer for sale Suite 22/513 Hay Street, Subiaco. We are pleased to offer this modern, functional fully fitted out office in one of Subiaco's best locations.

The offices are of a high quality fit out standard, have end of trip facilities and an excellent car parking ratio.

Key Features
- Net income $84,000pa + GST + Outgoings
- Lease expiry 12/02/2020 plus 2 x 3 year options
- Modern fitout
- Leased to ASX listed company
- Bank Guarantee $62,277
- Open plan and fully partitioned offices
- Meeting room and boardroom
- Excellent natural light
- Five undercover secure car bays

Brilliantly located in the heart of Subiaco located just off the Hay St & Rokeby Road intersection with plenty of amenity surrounding. Great public transport at your doorstep including the Subiaco train station in close walking distance.

Title Details
Lot 22 on Plan 53962 Certificate of Title Volume 2882 Folio 646.

Strata Area

The property is zoned "Commercial /Residential" by the City of Subiaco.

Lease Details
Net Income: $84,000pa + GST + Outgoings
Outgoings: Payable by Lessee
Lessee: ASX listed company
Lease Commencement: 13/02/2017
Lease Expiry: 12/02/2020
Rent Reviews: CPI annual increases
Options: 2 x 3 year options
Bank Guarantee: $62,277

Statutory Outgoings (17/18)
$122.65/sqm fully recoverable.

Goods and Services Tax
The property is sold as a 'Going Concern'

Asking Price
$1,450,000 (Going Concern)

For further information or to arrange an inspection, please contact the exclusive selling agent.


Featured Details

Current Tenant Tenanted
Gross Building Area 252 sqm

Property Enquiry

Regarding Property ID: WA011437

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

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