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1/98 Lake Street
Northbridge WA 6003
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Sold on 31 Aug 2022

1/98 Lake Street Northbridge WA 6003

  • Offices
  • 128 m²
  • Sold

UNDER CONTRACT - 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 - NOW CLOSED

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

AGORA Property Group
AGORA Property Group
Level 1, 187 Stirling Highway
Nedlands, WA 6009

Property Highlights

Date Sold31 Aug 2022
Floor Area128 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Virtual TourView Tour
Property ID2017965064
Category
Last updated  19 Sep 2022
Map for 1/98 Lake Street Northbridge WA 6003

Nearest transport* to 1/98 Lake Street Northbridge WA 6003

Bus
Train
Aberdeen St Aberdeen Street Car Park Cat Id 1590 m
Aberdeen St Aberdeen Street Car Park Cat Id 9112 m
Aberdeen St Aberdeen Street Cat Id 8114 m
Aberdeen St Aberdeen Street Cat Id 16118 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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AGORA Property Group
AGORA Property Group
Level 1, 187 Stirling Highway
Nedlands, WA 6009

Property Highlights

Date Sold31 Aug 2022
Floor Area128 m²
Land AreaAsk Agent
Energy0-star NABERS Energy rating
ParkingAsk Agent
Virtual TourView Tour
Property ID2017965064
Category
Last updated  19 Sep 2022

Listed by

Max Vaghella
Max Vaghella
AGORA Property Group
Call
0401044420

More about 1/98 Lake Street Northbridge WA 6003

1/98 Lake Street Northbridge WA 6003 is categorized as Office. It has a floor area of 128 m². The listing ID for this property is 2017965064.

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