8 Richardson Street, West Perth WA 6005

An outstanding fully leased investment opportunity in a tightly held city fringe location. Occupying a substantial 1,663sqm site, the three-level office building provides 2,229.20sqm of accommodation together with 44 on-site car bays.

The property is 100% leased across three tenancies, generating a strong net income of approximately $1.165 million per annum, representing an attractive sub-7% capitalisation rate.

Ideally positioned with excellent transport links and direct access to the Hay Street business hub, the property is within easy walking distance of an extensive range of cafés, restaurants and amenity.

The building benefits from excellent natural light, a fully refurbished lobby, end-of-trip facilities including secure bike storage, and a 3.5-star NABERS Energy rating, providing a high-quality and well-connected office investment.

Contact Brian Neo or Jack Bradshaw for further information.