G2/18 Ogilvie Road, Mount Pleasant WA 6153

Entry Level Retail Investment in Blue Chip Location

Sterling Property, as Exclusive Agents, are pleased to present For Sale Commercial Suite 2, 18 Ogilvie Road, Mount Pleasant, a fully leased ground floor retail investment opportunity within the award-winning mixed-use development, Cirque Duet.

Currently tenanted by Two Minds Pty Ltd trading as Two Minds Coffee on a secure 5+5 year lease having commenced in September 2025, this brand-new modern retail unit offers the following investment highlights:
- 62sqm ground floor retail/commercial unit
- Current net passing rent of $30,000 plus GST plus outgoings
- 4% fixed annual rent reviews providing built in rental growth
- Exclusive use & license to occupy 1 car park space
- 5+5 year lease term commencing 14th September 2025
- Tenant responsible for all operating costs, rates and taxes
- 3-month bank guarantee in place as well as personal guarantee
- High foot traffic location below residential tower and close by to local businesses
- Ample customer & staff parking via public car parks within Cirque Duet & the Precinct
- Brand-new unit offering significant depreciation benefits

The Development:
Located in the heart of Mount Pleasant, Cirque Duet is a recently completed mixed-use development known for its elegant design, sustainable excellence, and resort-style amenities. Architecturally designed by award wining architect MJA Studio, the recently completed development comprises 93 luxury residences across 20-stories with two ground floor retail/commercial units.

The Location:
Situated on Ogilvie Road less than 150m to the Canning Highway intersection, the property well positioned within a thriving hub and situated in proximity to the following amenity:
- 250m to The Rowing Pavillion
- 450m to Raffles Hotel
- 550m to Woolworths Mount Pleasant
- 750m to Mitchell Freeway on-ramp
- 850m to Canning Bridge Station
- 1.2km to Deep Water Point Reserve

Statutory Outgoings (FY25/26):

Council Rates $1,496.23 pa
Water Rates $3,042.47 pa
Strata Levies $3,241.44 pa
Land Tax $185.03 pa
Total $7,965.17

For further information or to arrange an inspection, please contact the Exclusive Selling Agents Jack Bradshaw or Jake Wallman from Sterling Property.