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177 Hay Street Subiaco WA 6008

  • Factory, Warehouse & Industrial
  • 216 m²
  • For Sale, Contact Agent

Blue Chip WA Retail Investment - Substantial lease in place till 2025

  • Prime Subiaco Location
  • Tenanted with Substantial Lease
  • Rare Proposition

- Modernised heritage building
- Prime Subiaco Location
- Rare proposition

Sotheby's International Realty offer for sale 177 Hay Street, Subiaco, an opportunity to acquire a well known property within Perth's affluent suburbs being the former Post Office located on a main arterial road. The property has undergone a comprehensive renovation attracting a superior tenant with a substantial lease in place in this low interest rate/hunt for yield environment.

- Returning $80,000 inc GST plus outgoings with fixed annual 3% increases & 2 x 2.5 yr options
- Tenant resistant to e-commerce providing high end personalised product and service to Aus and US markets.
- Rare freehold site, rezoned to R-AC0 with high rise potential.
- 216 sqm improvements
- 377 sqm land area

An enviable retail asset with a long history and bright future, poised to further benefit from the urban renewal of Perth's heirloom suburb of Subiaco.

Offers are invited.

Contact Graham Bowie 0411 255 553

*approximate

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee the accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Highlights

Property ID2016190404
Floor Area216 m²
Land Area377 m²
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  31 Mar 2020
Map for 177 Hay Street Subiaco WA 6008
Map for 177 Hay Street Subiaco WA 6008177 Hay Street Subiaco WA 6008
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Western Australia Sotheby's International Realty
108 St Georges Tce Perth WA 6000

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