18 Civic Boulevard Rockingham WA 6168
- 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.
|Date Sold||30 Jun 2017|
|Floor Area||3,765 m²|
|Land Area||2,908 m²|
|Last updated||9 Aug 2017|