75/251 Adelaide Terrace, Perth WA 6000

NAI Harcourts Metro, as the exclusive agents, are proud to present unit 75 of 251 Adelaide Terrace, Perth for sale - an exceptional opportunity to secure a long term leased investment in Perth's CBD with stunning river views.

The property is leased to Mahi Visa Services, a successful visa consultancy with a global footprint, establishing its seventh location on a 5-year lease with a further 5-year option.

The property generates a net income of $18,750 p.a. The car bay is currently occupied by the owner but can be leased at $4,200 + GST p.a for the next owner. The vacancy rate for the 120* car bays is approximately 5% and the bays fill up quickly.

The tenant pays for all operating expenses including management fees. The landlord does not have to pay any rates, taxes or levies for this property.

Currently on offer at 6.25% ROI with the opportunity to increase over 7.5% once the car bay is leased.

The Opportunity:
• Net Lettable Area - 75 sqm
• Net annual income - $18,750.00 p.a
• 4% annual rent increases
• Car bay potential income - $4,200 p.a
• Lease term - 5 years with 5 year option
• Lease commencement - 1st May 2026
• Stunning river views from all offices
• Communal kitchen and bathrooms for the floor

For further information or to arrange an inspection, please contact Dylan Croll on 0401 835 454 or Tony Romano on 0407 388 139.