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1/294-296 Newcastle Street
Perth WA 6000
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Sold on 23 Nov 2018

1/294-296 Newcastle Street Perth WA 6000

  • Offices
  • 96 m²
  • Sold, $420,000

LEASED COMMERCIAL WITH LONG TERM NATIONAL CLIENT

    #SOLD BY #KONGWAIREALESTATE WITH MULTIPLE OFFERS RECEIVED! MORE PROPERTIES REQUIRED, CALL KONG WAI ON 0477 333 450 TO HAVE YOUR PROPERTY SOLD!

    Calling all Self Managed Super Fund and astute property investors. If you are looking for a solid commercial rental with long term national tenants, look no further!

    Located in the cultural center of Perth just steps away from the action packed Northbridge, this blue chip commercial property comes with favorable lease terms that will provide you with a secure income stream.

    Leased to Prostate Cancer Foundation of Australia, your tenant is a broad based community organisation and the peak national body for prostate cancer in Australia.

    FACTS:
    96m2 Office/Showroom space
    Two secured exclusive use car bays
    Long Term National Tenants since 1st August 2011
    Rental income of $24,600 plus GST per annum effective 1st August 2018
    Rental income of $25,215 plus GST per annum effective 1st August 2019
    Option for a further 3 years commencing 1st August 2020 with Market Review and annual rent reviews
    Tenants pay for all outgoings
    Great Ground Floor Street Front Exposure
    Town Planning Scheme Number 1 Commercial Zoning Beaufort (13) Precinct
    Local Planning Scheme Number 2 Commercial Zoning Perth Precinct
    Land Use Office and Showroom
    GST For Sale at Going Concern

    Contact Exclusive Selling Agent Kong Wai WONG on 0477 333 450 or kongwai@markhay.com.au to secure this sound commercial investment property.

    Property Highlights

    Date Sold23 Nov 2018
    Sold Price$420,000
    Floor Area96 m²
    Land Area96 m²
    Parking2 x Onsite parkings
    Property ID2014527388
    Category
    Last updated  22 Oct 2022
    Map for 1/294-296 Newcastle Street Perth WA 6000

    Property Highlights

    Date Sold23 Nov 2018
    Sold Price$420,000
    Floor Area96 m²
    Land Area96 m²
    Parking2 x Onsite parkings
    Property ID2014527388
    Category
    Last updated  22 Oct 2022
    18/118 Royal Street East Perth WA 6004

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