Location:

18-22 , Plain Street, East Perth, WA

Price:

$920,000 (Going Concern)

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Superb Fully Fitted Office at the exciting eastern end of Perth CBD

Type: FOR SALE

Property Features
  • Category : Offices, Medical/Consulting
  • Building Area: 182
  • Car Spaces: 2

Property Description
LJ Hooker Commercial Perth as exclusive selling agents are pleased to offer for sale Lot 2, 18 Plain Street, East Perth. A fantastic opportunity for a future owner-occupier or investor to purchase a fitted out commercial currently leased investment superbly located in a prime eastern end Perth CBD location.

Key Features:
- Leased till 31st January 2020
- Net income @ 7.3%* pa
- Lessee has no options to extend lease so can suit owner-occupier
- High quality fitout comprising reception, two offices, two open plan areas, private kitchenette & WC facilities, storage & IT area and two meeting rooms with a concertina door to create a large boardroom.
- Shared balcony
- Level one overlooking Plain Street
- Situated footsteps from the Hyatt Regency, Langley Park, Elizabeth Quay, Hibernian Place including the Westin Hotel
- Walking distance to the new Perth Stadium, Crown Casino, public transport and amenities

Location:
18 Plain Street is located near the corner of Adelaide Terrace and Plain Street at the eastern end of the Perth CBD. The location provides excellent amenity nearby including Hibernian Place and the new world class Westin Hotel, restaurants, cafes. Langley Park is just a short stroll away and the property is within close proximity to freeways and major arterial roads including Albany, Canning and Great Eastern Highway.

Zoning:
The City of Perth advise that the property is zoned “Office/Residential”

Strata Area:
182sqm*

Undercover Secure Car Bays:
Two (tandem configuration)

Storage Unit:
2sqm*

Lease Particulars:
Lessee: Tenancy WA Inc.
Lease Expiry: 31st January 2020
Options: Nil
Current Income: $67,308.82* pa
Rent Reviews: Not applicable
Bank Guarantee: $10,000 incl GST
Outgoings: All payable by the Lessee

Legal Description:
Lot 2 on Strata Plan 62119 Certificate of Title Volume 2786 Folio 502

Statutory Outgoings 19/20:
Strata Levies: TBA
Council Rates: TBA
Water Rates: TBA
Total: $15,185* pa

Goods and Services Tax:
The Sellers are registered for GST and the property will be sold as a 'Going Concern'.

Asking Price:
$920,000 (Going Concern)

For further information please contact the Exclusive Selling Agent Jack Bradshaw.

*Approx
Property Agent

Advert Id:76063

Name:Jack Bradshaw

Phone: 08 922****

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