113 Wharf Street, CANNINGTON WA 6107
$2,050,000 GC (under offer)
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- 16 Jan 2017
Leased Office in Heart of Cannington with Future Development Potential (STCA)
- Leased until 30 September 2020 (4years)
- Land area 1,289sqm*
- Current net rent $175,478.76
- Zoning "City Centre"
Burgess Rawson are pleased to present to the market For Sale 113 Wharf Street, Cannington.
This property presents the rare opportunity for investors to purchase a fully leased office building located within a central location within the suburb of Cannington. The property is within walking distance to both train and bus, Albany Highway and Westfield Carousel.
Leased until the 30th September 2020 with a net annual rent of $175,478.76 this property offers a solid return with long term development potential (**STCA). The premises are fully leased by the Perth Education Group Pty Ltd.
Lot 202 on Plan 52530 Certificate of Title Volume 2649 Folio 332.
The land is zoned “City Centre” by the City of Canning.
Asking Price : $2,050,000 Going Concern. (Reflects an 8.5% Yield)
For further details contact the Selling Agent.
**Subject to Council Approval
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
113 Wharf Street CANNINGTON