Recently completed $700,000 refurbishment. Ground floor and part first floor currently leased to 2 tenants, generating secure holding income. Significant potential for uplift through a leasing campaign or owner-occupier use of the vacant areas. This contemporary, classically styled office building is a rare offering, blending style with functionality, making it ideal for a wide range of occupiers and investors. This freshly renovated, sought-after location with unrivalled freeway and CBD access! Land Area: 751sqm Building Area: 1,022sqm 24 car bays Property Features: • Three elevations of glazing provides remarkable working environment • Balconies to each of the upper levels • Each floor plate is partitioned, with mix of open plan areas, offices, meeting spaces, ablutions and amenities • Proximity to the CBD, surrounding commercial and access from western suburbs • Easy access to the Mitchell, Kwinana and Graham Farmer Freeways • Within walking distance to City West Train Station, local amenities and cafes • Substantial Building on green title • Tightly held commercial precinct • Great central West Perth location • Corner site allows greater frontage, natural light and exposure • Independent floors - own wet areas, access etc. • Balcony on levels 1 & 2 • Shower on level 2 and could easily be added to other floors Exceptional rental and capital growth prospects. Passing income: $170,247 p.a plus outgoings plus GST. Potential income: $418,447 p.a plus outgoings plus GST (before incentives). For Sale: Offers Invited. For more information or to arranging a viewing please contact the Selling Agents.
Email enquiry to Raine & Horne Commercial - Western Australia
Property ID: 504745844