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1/98 Lake Street Northbridge WA 6003

  • Offices
  • 128 m²
  • For Sale, Offers from $799,000

GREAT LEASED INVESTMENT

  • Tenant pays all outgoings
  • Fixed 4% annual rent reviews
  • Tenant been in occupation since 2015

[ 3D Virtual Tour available, follow the link ]

Rare opportunity to secure a leased investment this close to the Perth CBD with a strong sitting tenant. Ticks plenty of boxes for the astute investor.

Key attributes:

• 128 sqm of ground floor strata area
• Sold with a Lease in place to Chung Wah Association (Tenant)
• Sold as a Going Concern
• Annual Net rent of $44,412.71 with fixed annual 4% increases
• Tenant has options until 30 June 2030
• Chung Wah is well established community care provider for over 110 years*
• Currently used as the Chung Wah's Head Office (combined with adjoining Unit 2)
• Long standing Tenant. Been in occupation since 2015
• Tenant completed a substantial brand-new fit out in 2021
• Mixed use building developed by Finbar. A reputable Perth property development company

Strata Area: 128 sqm Approx.

OFFERS INVITED FROM $799,000 CLOSING 25TH AUGUST 2022 at 4 pm (WST).
ALL OFFERS WILL BE PRESENTED.

Contact Max Vaghella to request a copy of the Information Memorandum.

Property Highlights

Floor Area128 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Virtual TourView Tour
Property ID2017965064
Category
Last updated  28 Jul 2022
Map for 1/98 Lake Street Northbridge WA 6003

Property Highlights

Floor Area128 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Virtual TourView Tour
Property ID2017965064
Category
Last updated  28 Jul 2022
Level 1, 187 Stirling Highway Nedlands WA 6009
Max Vaghella
Max Vaghella
AGORA Property Group

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