This strata freehold unit is currently leased to Oaks Perth Hotel, which is part of an Australian wide Oaks Hotels & Resort Limited. The initial 10-year lease commenced on 18 August 2023 and expires on 17 August 2033 plus a further 3 x 10 years options up to 2063 The current NET base rental for Unit 116 is $18,400pa including outgoing contributions by the Oaks Perth Hotel. There is a yearly rent review on the base rent and tenant’s outgoings contributions. Oaks Perth operates a 24-hour reception, a lobby, onsite restaurant, bar and boutique shops on the ground floor. It also has an onsite laundry for the hotel guests plus conference rooms and meeting facilities for hire. Situated on the Level 1, this 40sqm east facing unit enjoys the benefit the morning sun with plenty of natural lighting all year round. Located near to the heart of Murray Street Mall, only short walk to underground Perth Central Train Station, Hay Street Mall, luxury shopping in Kings Street, walk to Elizabeth Quay, Raine Square just across the road. Café, restaurants, cinemas, retails shops, plus many other amenities nearby. For more information and a private inspection, please contact the Exclusive Selling Agent Patrick Wee on 0411888179, text, email or clink on to this website enquiry section.
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