Burgess Rawson is pleased to offer for sale Lots 9 and 10/ 326 Hay Street, Perth; a 273sqm functional, fully fitted out office in one of Perth’s best locations on the corner of Hay and Hill Street.
The property is available vacant possession or as a leased investment on the following leaseback terms:
Net Income: $58,200pa including one car bay + Outgoings + GST
Outgoings: Payable by Lessee
Lessee: DS Family Law Pty Ltd
Lease Term: 3 years
Options: 2 x 3 year options
Rent Reviews: CPI annual increases
Bank Guarantee: 4 months gross rent
Positioned in the Mint House building, the offices are of a quality fit out standard and features excellent natural light throughout. Mint House has recently undergone refurbishments to the entry lobby, common and wet areas and a new lift is due for installation 1st quarter 2018.
Key Features
- 273sqm*
- 2 undercover secure car bays
- Level 4
- North eastern corner
- Quality fitout
- Substantial building sinking fund
- Situated nearby the Perth law precinct, Hay Street mall, Perth Concert Hall and amenities including cafes, hotels and restaurants
- Close proximity to freeways and major arterial roads
- CAT Bus service on doorstep and short walk to Perth train station
Title Details
Lot 9 and 10 on Strata Plan 8832 Certificate of Title Volume 1582 Folio 329 and 330.
Strata Area
273sqm*
Undercover Secure Car Bays
2
Zoning
The property is located in Precinct 4 and is zoned "City Centre" by the City of Perth.
Statutory Outgoings (17/18)
Council Rates $4,700.40pa
Water Rates $1,902.48pa
Strata Levies $17,450.27pa
Goods and Services Tax
The Owners are registered for GST therefore GST is applicable on purchase if sold as Vacant Possession. The property will be sold as a Going Concern if sold as a Leased Investment.
Asking Price
$995,000 (GST - Vacant Possession) (Going Concern - Leased Investment)
For further details or to arrange an inspection, please contact the exclusive selling agents Jack Bradshaw and Luke Randazzo.
*Approx