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.
- 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
Lot 19 on Plan 1508 Certificate of Title Volume 1422 Folio 100
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 information please contact the Selling Agent
For more details, please email agent