Axia Corporate Property is pleased to present Unit 3A, 151 Herdsman Parade, Wembley for Sale.
The arrival of Unit 3A represents a unique opportunity to acquire a seldom offered and eagerly sought, securely leased, commercial property in one of the western suburb's landmark developments, Wembley 151.
The Wembley 151 complex is located on the corner of Selby Street and Hersman Parade with the subject property having a prime ground floor corner position, allowing for oustanding exposure.
The property offers a high end corporate image and exceptional finish appealing to a range of professional service providers.
Highlights of the property include:
- Strata area: 186sqm*
- Building area: 101sqm*
- Six (6) car bays (two (2) undercover and four (4) open)
- Full height shopfront glazing
- Ducted reverse cycle air-conditioning
- Suspeded panel ceilings with recessed light fittings
- Self contained toilets, shower and kitchenette
- Commercial grade carpets to office areas and tiling to wet areas
Lease Details:
- Lessee: Minister of Works
- Leased to 31 August 2021
- Four (4) year option from 1 September 2021
- Current passing net rental $35,611.80^
- Programmed rent reviews of 3.5% p.a. with market at Option
- Lessee pays full outgoings
- Additional rental derived from leasing of four (4) open car bays
The combined office rental and additional car bay rental equates to $39,931.80.
For further information or to arrange an inspection, please contact Franco Gangemi on 0418 930 504.
^ Rental derived from office rental and two (2) undercover car bays
* Approximately.
