26/48 Outram Street, West Perth WA 6005

Price on Application
Offices
26/48 Outram Street, West Perth WA 6005

West Perth - Leased Investment - 7% pa (Net)

RWC WA presents this modern ground floor commercial property for sale as a fully leased investment returning 7%pa (net) with a secure lease term to an accounting firm and settlement agency.

Ground floor unit 2/48 Outram Street, West Perth comprises an internal office area of 173sqm and comes with 4 car bays at basement.

This modern commercial office comes substantially partitioned, fitted, furnished and self-contained. The fit out configuration includes formal entry, reception, meeting room, executive offices, work stations, utility areas, its own private male, female and kitchen amenities and storage.

Its prominent position within the absolute heart of the West Perth dress circle precinct is surrounded by popular cafes, restaurants, retail amenities and public parking. The CAT bus route provides direct convenient free public transport access to and from the Perth CBD.

Investment summary:
• Lease to established Accountancy firm
• 173sqm fully fitted commercial offices
• 4 years current term (expires 30/06/2027)
• 3 years option period (expires 30/06/2030)
• $75,000pa net (comprises Rent $60,000pa & 4 Cars $15,000pa)
• 3.5% fixed annual increases
• Outgoings and GST payable by Lessee
• Strong depreciation potential

For further details simply register your enquiry via this website.

Michael Milne
RWC WA
0403 466 603
[email protected]

Property features

  • Floor area 173m2
  • Tenure type Tenanted investment

Property snapshot by reiwa.com

This commercial property at 26/48 Outram Street, West Perth is listed for sale by Michael Milne at Ray White Commercial (WA).

It has been described by the agent as ‘West Perth - Leased Investment - 7% pa (Net)’.

If you would like to get in touch with Michael Milne regarding 26/48 Outram Street, West Perth, please call 0403 466 603 or contact the agent via email.

Cost breakdown

  • Council rates: $4,495 / year
  • Water rates: $2,772 / year
  • Strata fees: $2,512 / quarter

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