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Two Level Fully Leased Commercial Building

111 Hay Street, SUBIACO WA, 6008

For Sale

Property for Sale in 111 Hay Street, SUBIACO WA, 6008

Listing ID:
11340038
Status:
Active
For:
Sale
Price:
Offers in the high $1m's
Last Updated:
16/12/2019
Icon building

Property Type

Offices
Icon square

Land Area

435 SQM
Icon size

Floor Area

541 SQM
Icon parking

Parking

0

Two Level Fully Leased Commercial Building

The Opportunity
Burgess Rawson are pleased to present to the market this fully leased investment located at 111 Hay Street, Subiaco. This 541sqm* two level commercial building is fully leased to JCM Construction Pty Ltd & NV Contracting Pty Ltd each occupying a floor with 3 and 5 year leases in place respectively.
Both tenant’s enjoy a substantial office fit out, signage on to Hay Street and rear laneway access to the parking bays.

Features Include:
- Fully leased investment
- Income of $71,782.84pa
- Annual reviews
- Substantial two level building
- 541sqm* of improvements
- 435sqm* freehold site
- Two tenants
- Zoned commercial/residential
- Prime Hay Street location minutes from the CBD
- Substantial & impressive office fit out on both floors
- Rear laneway access

Title Details
Lot 19 on Plan 1508 Certificate of Title Volume 1422 Folio 100

Zoning
The City of Subiaco advise that the property is zoned ‘Commercial/Residential’

Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.

Sale Price: Offers in the high $1m's

For further details please contact the Selling Agent

*Approx

For more details, please email agent

Burgess Rawson Perth

10th Floor, 225 St Georges Terrace, Perth, WA 6000


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