Location
The north western corner of the intersection of Ventnor Avenue and Ord Street, in the core of the West Perth Business District.
The Property
A quality four level office building with an NLA of 1,928 sqm plus basement car park with 52 Vehicles. The Property was extensively refurbished in 2006 including works to the foyer, tenancy areas, wet areas and mechanical services.
Land Area
An essentially rectangular site of 1,394 sqm with a corner truncation to the intersection with 25.93 m to Ventnor Avenue and 38.22 m to Ord Street and 8.48m to splay corner.
Tenancy Details
The property is fully leased to 4 quality tenants on net leases expiring 2011, 2012 and 2013. Each tenant has a market rent review in 2010 and 2012. Net passing income $1,239,000 pa (approx).
Method of Sale
Expressions of Interest closing 12th March 2009 at 2pm, WST are invited to be submitted to the offices of CB Richard Ellis.
