17/100 Railway Road, Subiaco WA 6008
$1,850,000
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OUTSTANDING LEASED INVESTMENT OPPORTUNITY WITH 7.7% YIELD
Highlights
- 5 YEAR WALE
- QUALITY TENANT
- MODERN BUILDING
Sterling Property is pleased to offer FOR SALE Unit 17, 100 Railway Road, Daglish. Positioned on the top floor of the Spectrum building, at the intersection of Hay Street and Railway Road, in the popular part of the Subiaco Commercial Precinct. The unit is within walking distance to the Subiaco Train Station, 3km from the Perth CBD and easily accessible from the Western Suburbs.
The unit has just been leased to a quality engineering tenant for a 5-year term. Commencing Net Rental is $142,455 pa + GST. Fixed annual increases of 4% per annum. $100,311 bank guarantee. Tenant pays for all outgoings.
Sale Price: $1,850,000 (Going Concern)
Strata Levies: $18,480 per annum
Council Rates: $10,601 per annum
Water Rates: $3,678 per annum
Land Tax: $862.50 per annum
For more information or to arrange an inspection, please contact the exclusive selling agents: Greg D'Arcy 0402 068 292 or Brian Neo 0411 868 486
Property features
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Floor area
363m2
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Air conditioned
Property snapshot by reiwa.com
This commercial property at 17/100 Railway Road, Subiaco is listed for sale by Greg D'Arcy and Brian Neo at Sterling Property.
It has been described by the agent as ‘OUTSTANDING LEASED INVESTMENT OPPORTUNITY WITH 7.7% YIELD’.
If you would like to get in touch with Greg D'Arcy or Brian Neo regarding 17/100 Railway Road, Subiaco, please call Greg on 0402 068 292 or call Brian on 0411 868 486, or contact the agent via email.
Cost breakdown
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Council rates: $10,601 / year
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Water rates: $3,678 / year
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Strata fees: $18,480 / quarter
Contact the agent
