1034 Wellington Street, West Perth WA 6005

COMMERCIAL DEVELOPMENT SITE WITH UNBEATABLE EXPOSURE!

Positioned on the intersection of Wellington & Thomas St West Perth

Beautifully presented character offices.

Property Features:
• Land: 501sqm
• Building: 201*sqm
• Parking for 4 - 6 Vehicles
• Massive signage & exposure opportunities
• Suitable for medical / consulting / offices (STCA)
• Currently leased, providing Holding Income (with redevelopment clause in lease)

Lease Terms:
Term 3 years - Expires May 2027
Option: 3 years
Rent: $40,000 p.a. plus Outgoings & GST
Reviews: Fixed increases annually - $45,000 + $47,000, Market at option, then 3.5% during option
Redevelopment: Redevelopment clause within lease. Anytime during the option period (from 15th May 2027). 6 months' notice

Building Layout:
• Boardroom
• 4 large rooms
• Open plan area / reception
• Kitchenette
• Store room
• M & F ablutions
• Shower

Main Roads Traffic Data
• 56,850 vehicles travelling along Thomas St on Average Mon-Friday
• 10,084 vehicles travelling along Wellington St on Average Mon-Friday

For Sale via Offers To Purchase

For further information or to arrange a viewing please contact the Selling Agents.