12, 13 & 1/139 Newcastle Street, Northbridge WA 6003

COMMERCIAL OFFICE INVESTMENT WITH PREMIUM TENANT & BUILT IN RENTAL GROWTH

Victor Aloi of Acacia Property Group is pleased to present Units 12, 13 & 14 / 139 Newcastle Street, Perth - a substantial commercial office investment leased to Hope Community Services Ltd, an established Western Australian not-for-profit organisation.

The property comprises of three adjoining strata lots totalling 683 square metres including office, car parking bays and balcony situated on prominent high exposure two-storey commercial building on Newcastle Street - Northbridge.

Providing 598sqm of office accommodation on the second level, the premises features a functional and adaptable layout incorporating multiple private offices, open-plan work areas accommodating approximately 40 workstations, several meeting rooms and a spacious boardroom / conference room.

KEY HIGHLIGHTS:

- 598sqm of office space across three adjoining strata lots
- Leased to Hope Community Services Ltd, a registered Western Australian not-for-profit organisation
- Net Passing Income of $166,000pa + GST
- Outgoings payable by tenant (Subject to lease provisions)
- Five-year initial lease commencing July 2025, with a further four-year option
- Fixed 3.5% annual rental increases, with a market review at the commencement of the option term.
- Prominent Newcastle Street position, with convenient access to Northbridge and Perth CBD
- 6 Car Bays (3 in Tandem)

For further information or to arrange an inspection, contact:
 
Victor Aloi
Acacia Property Group
0404 808 012
[email protected]