4 Charles Street, SOUTH PERTH WA 6151
$4.5M nil GST going concern
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- 20 x Onsite parking
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- 21 Nov 2016
Buy now - Develop Later - 1189sqm Development site with holding income.
Now is the time to get into the thriving business heart of South Perth and secure this prime development location. Currently the property has a leased 2 storey office building and generous parking with development potential to 6 storeys under the South Perth Station Precinct plan.
Essentially your holding cost are covered by the first five year lease term which runs to March 2021, the second 5 year option includes a redevelopment clause. This gives you plenty of time to get your plans approved and in place.
The office building includes A range of office sizes along the back of building provide a good selection of work area / zones, each end has it's own kitchen with shower facilities available as well. Spoil staff with break out room and front balcony or use it for more office space.
* Land area: 1189sqm
* 2 Storey office building (500 sqm)
* 10 Office areas with a grand reception.
* 18 Secure parking bays (3 undercover).
* 2 visitor bays plus plenty of street parking.
Rent: $175,000 per annum until March 2021.
Second 5 year option with redevelopment clause.
(rates are excluding GST)
For further details or make a time to inspect please call Trevor Longwood Ph 0431 678 500.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
4 Charles Street SOUTH PERTH