Level 1, 43 Stirling Hwy

Nedlands, WA 6009

(08) 6389 2242

reception@bpga.com.au

LONG-TERM TENANTED INVESTMENT OPPORTUNITY 1/1 Station St, SUBIACO WA 6008

1/1Station StSUBIACO6008
$1,295,000 Going Concern
  • Description
  • Address
  • Details

Description

This 376m2 Strata unit is ideally situated in the “Arcadia Court” Multi-level mixed use development, on the corner of Station Street and Hood Street, in the heart of Subiaco. Further enhancing the location are the Woolworths anchored “Subi Square” and the Coles/Target anchored “Market Lane” Shopping Centres situated directly opposite the property.
In addition, the Subiaco Train Station, St John of God Hospital and the main hub of Subiaco are all in within walking distance of the property.
Improvements
The Strata unit with total area of 376m2 compromises of 334m2 ground floor office/retail plus 3 undercover car bays totalling 42m2.
The Strata suite is substantially fitted out to a very high standard and is complete with reverse cycle air conditioning, suspended ceilings and window treatments with the floor coverings being an attractive combination of polished timber and commercial grade carpet.
Parking
3 undercover Car Bays.
Lease Details
The premises are currently leased to IHLS Pty Ltd (including the 3 car bays) with the expiry date being 30th November 2026 plus a further 5 year option of renewal. Rent reviews are annually to CPI and to Market at the expiry of the initial 10 year term.
Current Rental – $72,070 pa net plus GST (inclusive of car bay rental).
Sale Details
$1,295,000 “Going Concern”

  • State/county: WA

Detail

Updated on August 24, 2019 at 10:15 am

  • Price: $1,295,000 Going Concern
  • Property Size: 334
  • Land Area: 334