Transact Capital is excited to present to market "For Sale" office premises at 589 Stirling Hwy, Cottesloe
The suites are being sold as a "going concern"
Lot 18 39sqm
Lot 19 39sqm or
both 78sqm (the 2 are interconnected with opening in the common intertenancy wall)
Each lot has 1 dedicated under croft car bay.
Each lot has its own exclusive use balcony.
One tenant occupies both lots on a lease.
There is abundant visitor parking located in the immediate vicinity.
Both lots have minimal fit out and configured for the most part open plan.
589 Stirling Hwy has a good level of common area amenity including washrooms, kitchen tea preps and end of trip facilities. 589 Stirling Hwy has a small conference facility on a user pay basis.
Passing gross rent for lot 18 is $23,004.00pa inc GST
Budgeted outgoings are $6,131 pa inc GST approx.
Asking Price: $305,000.00 (Going Concern)
Passing gross rent for lot 19 is $23,004.00pa inc GST
Budgeted outgoings are $6,131 pa inc GST approx.
Asking Price: $305,000.00 (Going Concern)
Per lot outgoings:
Water Rates - $979.26 p/a inc GST
Shire Rates - $1,487.83 p/a inc GST
Strata Levi - $3,664.00 p/a inc GST
589 Stirling Hwy has a healthy mix of owner occupiers and tenants.
As an investment, suites for lease in 589 Stirling Hwy rarely sit on the market for long.
589 Stirling Hwy is within the Cottesloe town centre precinct with excellent proximity to all the amenity one would need.
For further information or to organise an inspection please contact the exclusive selling agent Geoff Fraser on 0413 624 000
