193 Flinders Street, Yokine WA 6060

Fully Leased Multi-Tenanted Investment with Future Development Potential

RWC WA proudly presents 193 Flinders Street, Yokine for sale by Expressions of Interest closing Thursday, 5th November 2026.

Prominently positioned on the corner of Flinders Street and Villiers Street, this fully leased neighbourhood commercial centre offers an established income stream with future development potential.

The property comprises a freestanding, single-level commercial building of approximately 379.5sqm on a substantial 1,292sqm* freehold site. Four tenancies accommodate three occupiers, comprising two established allied health businesses and an education provider.

Located approximately 5.5km* north of the Perth CBD, the property benefits from exposure to a key local connecting road and convenient on-site parking.

Investment Highlights:

• Fully leased investment with three occupiers across four tenancies
• Net income of $134,093 p.a. Net* (as at 5 January 2027)
• WALE of 3.10 years by NLA | 3.12 years by income*
• Fixed annual rent reviews of 3%
• All leases structured on a net basis, with full outgoings recovered
• Building area of 379.5sqm*
• Freehold land area of 1,292sqm*
• Prominent corner position with exposure to Flinders Street
• 19 on-site car bays plus two motorcycle bays
• Life Ready Physio (50% owned by HBF) are responsible for 57% of income

Flexible Zoning and Future Potential
Zoned "Local Centre" under the City of Stirling's Local Planning Scheme No. 3, with an R30 annotation, the property offers potential for a range of uses, including residential, retail, office, consulting rooms, restaurant and personal services, subject to applicable planning requirements and approvals.

The substantial corner site provides flexibility for future leasing, repositioning or redevelopment, subject to planning approval.

For further information or to request the Information Memorandum, contact Luke Pavlos on 0408 823 823 or Brett Wilkins on 0478 611 168.

*Approx.