4/248 Hay Street, Subiaco, WA 6008

Investment | Offices

Sold

  • Property ID: 264076
  • Floor Area: 123m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 13/11/2017 123m2 N/A Contact Agent
Sold N/A 123m2 N/A Contact Agent
Superbly Presented Office - Rare Income Opportunity

Burgess Rawson is pleased to offer for sale Lot 4, 248 Hay Street, Subiaco. A perfect opportunity to purchase a leased commercial investment property ideally suited for an investor or future owner occupier.

- 123sqm*
- 2 undercover secure car bays
- Leased till 2nd December 2018
- Net income @ 8.5%* pa return
- Level 2
- Excellent layout comprising open plan, partitioned offices and boardroom
- Fantastic natural light
- Exclusive kitchenette and toilet facilities
- Situated in the heart of the Hay Street, Subiaco retail/commercial strip
- Close proximity to Subiaco train station, major roads and freeways

Strata Area
123sqm*

Undercover Secure Car Bays
Two

Legal Description
Lot 4 on Strata Plan 42002 Certificate of Title Volume 2219 Folio 279

Zoning
The City of Subiaco advise that the property is zoned “Commercial / Residential”.

Lease Particulars
Lessee: Ticketek Pty Ltd
Expiry: 2nd December 2018
Current Income: $56,025.12* pa
Rent Reviews: Annual 3.75% increase on 3rd December 2017
Outgoings: All payable by the Lessee

Statutory Outgoings 17/18
Council Rates – $4,041.55 pa*
Water Rates - $1,730.30 pa*
Strata Levies - $1,722 pa*

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

Asking Price
Contact Agent

For further details please contact the Exclusive Selling Agents.

*Approx

Subiaco Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $210 ---
Retail --- $331 ---
Offices --- $291 ---
This is the average advertised price, rent and yield for Subiaco, WA 6008*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 4/248 Hay Street, Subiaco, WA 6008. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 4/248 Hay Street, Subiaco, WA 6008. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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