Offered for sale is an extremely rare opportunity to secure a securely leased investment property within Subiaco's Crossways Shopping Centre with balance of 2.5 years (approx) on lease.
Property Features -
Total Strata Area: 157sqm
Suite 8: 94sqm
Suite 10: 63sqm
- Prime location within Subiaco commercial precinct.
- Frontage to Bagot Rd
- Approx. 2.5 years remain on Lease plus 5yr option
- Secure Blue Chip Tenant
- Investment returns 6% (approx.)
Lease Details -
Tenant:
Bank of Queensland
Lease Term:
5 years commencing 8th March 2011
Expires:
7th March 2016
Option:
N/A
Net Rental:
$86,424 p.a. plus GST
Outgoings:
Payable by tenant
Rent Reviews:
Fixed percentage increase of 4% in years 1 and 3 (March 2014)
CPI Review Dates in years 2 and 4 (2015)
(Market review at option 2016)
For Sale: $1,395,000 (Sold going concern for GST purposes)
For further information on this property or to arrange a viewing, contact the selling agents.
