Burgess Rawson is pleased to present to the market for sale 11 Coleby Street, Balcatta. An outstanding opportunity to acquire a newly constructed investment property with a secure long term lease in place. Positioned on a Green Title site in a highly accessible central location, this premium asset offers investors a quality addition to their portfolio.
The property comprises approximately 231sqm* of building area and benefits from Residential R20 zoning. A 5 year lease term runs through to 2030, with three further options extending potential tenure through to 2045.
Features: + 5 year Lease to 2030 + 3 further options to 2045 + Green Title Lot + Brand new build with approximately 231sqm* of building + Central location + Residential R20 Zoning
Asking Price: Offers from $1,750,000
Net Rent: $159,849.56pa*
Building Area: 231sqm*
For further information or to arrange an inspection, please contact the exclusive selling agents.