10 & 11/375 Hay Street Subiaco WA 6008

LJ Hooker Commercial Perth is pleased to offer FOR SALE Units 10 & 11 at 375 Hay Street, Subiaco. Located within the well known Subiaco Mews complex these units are now available to be purchased by an investor looking for a high rental return from a long term tenant.

Unit 10 (56sqm) plus 1 undercover secure bay
Unit 11 (66sqm) plus 1 undercover secure bay

Lease Terms:
- 5 + 5 year lease
- 4% pa increases
- Commencing Net rental of $350/sqm pa ($42,700 pa)
- Common car bay income of $2,957 pa (FY21)

Based on asking price of $749,000 (going concern) the units are realising a yield of 6.09%

Zoned "Centre" within City of Subiaco LPS No. 5

For further information or to arrange an inspection please contact the exclusive selling agent: Greg D'Arcy