Superb Entry Level Investment in Great Location with Solid Return !

Superb Entry Level Investment in Great Location with Solid Return !

For Sale

Inspection

by appointment

Features

  • Air Conditioning
  • CCTV Security
  • NBN
  • Timber flooring

Well located within the City of Perth, just on the corner of Aberdeen Street and Stirling Street. The handy location provides easy to access to Northbridge and the amenity within, public transport and freeway entries.

Property Features:
– Ground floor commercial with 38sqm internal area
– 1 Allocated onsite car bay
– Reverse cycle ducted air conditioning system
– Own bathroom
– Potential for future café/ retail use

Location highlights:
– Just meters away from WA Museum, State Library and Gallery
– Walking distance to Perth CBD, central train station , ECU city campus
– Easy access to freeway and major roads

Lease Terms:
– Leased till April 2030, plus 5 year option (5 + 5)
– Annual rent $21,600+GST, solid net ROI of approx 6.5%
– Long term office tenant operating in the premise since 2017
– Tenant pays outgoings

Council rate $2,396 p/a
Water rate $1,561 p/a
Strata levy $627 p/q

This exceptional property offers a fantastic investment opportunity for those looking to get into the commercial market with better returns than Residential, or SMSF , in a highly sought-after location.

Call Eli Zhang at 0420 619 118 for more info or to arrange an inspection.

Contact Agents

Nicole Tan

Name: Nicole Tan

Position: Property Partner

Mobile: 0430 866 762