Burgess Rawson is pleased to offer for sale Lot 4, 248 Hay Street, Subiaco. A perfect opportunity to purchase a leased commercial investment property ideally suited for an investor or future owner occupier.
- 123sqm*
- 2 undercover secure car bays
- Leased till 2nd December 2018
- Net income @ 8.5%* pa return
- Level 2
- Excellent layout comprising open plan, partitioned offices and boardroom
- Fantastic natural light
- Exclusive kitchenette and toilet facilities
- Situated in the heart of the Hay Street, Subiaco retail/commercial strip
- Close proximity to Subiaco train station, major roads and freeways
Strata Area
123sqm*
Undercover Secure Car Bays
Two
Legal Description
Lot 4 on Strata Plan 42002 Certificate of Title Volume 2219 Folio 279
Zoning
The City of Subiaco advise that the property is zoned “Commercial / Residential”.
Lease Particulars
Lessee: Ticketek Pty Ltd
Expiry: 2nd December 2018
Current Income: $56,025.12* pa
Rent Reviews: Annual 3.75% increase on 3rd December 2017
Outgoings: All payable by the Lessee
Statutory Outgoings 17/18
Council Rates – $4,041.55 pa*
Water Rates - $1,730.30 pa*
Strata Levies - $1,722 pa*
Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a 'Going Concern'.
Asking Price
$659,000 (GST Going Concern)
For further details please contact the Exclusive Selling Agents.
*Approx
