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Sold on 30 Jun 2017

18 Civic Boulevard Rockingham WA 6168

  • Offices
  • 3,765 m²
  • Sold, $15,000,000

Iconic Blue Chip Investment

A rare landmark opportunity has become available for sale with 4 separate tenancies with some of the strongest leases available in Australia. Situated in the centre of the rapidly expanding City of Rockingham this modern two storey premises features premium tenants from the Australian Federal Government with Centrelink, the Ministry of Treasury and Finance as well as the Department of Child Protection. Other strong tenants are a large medical practice including a pharmacy and dentist and the whole complex is conveniently serviced by a popular in-house cafe/restaurant.

The property is situated on 2,908sqm of land and the two storey structure covers 3,765sqm. The property is 6 years young and offers exceptional depreciation allowances.

This is an exception opportunity for large investors currently renting a net income of approximately $1,230,000 p/a plus annual increases ranging from 3% to 3.5% p/a.

Call now to discuss this opportunity further.

Property Highlights

Property ID2013477954
Date Sold30 Jun 2017
Sold Price$15,000,000
Floor Area3,765 m²
Land Area2,908 m²
EnergyAsk Agent
ParkingAsk Agent
Category
Last updated  9 Aug 2017
Map for 18 Civic Boulevard Rockingham WA 6168
Mark Hay Realty Group
18/118 Royal Street East Perth WA 6004

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