The arrival of the property to the market, provides astute investors with a seldom available opportunity to procure securely leased, modern and conveniently located commercial accommodation, located within arguably one of Perth’s most desirable, affluent and established, western corridor precincts.
More specifically, the property is prominently located on the ground floor of the Wembley 151 complex which is positioned on the corner of Selby Street and Herdsman Parade set midway between Subiaco and Osborne Park.
Investment Highlights:
– Strong covenant, by way of lease to Government of Western Australia
– Long standing tenant since circa 2013 – a testament to the locational attributes of the property
– Secure income stream, with programmed reviews
– Located within a very modern and impeccably maintained all commercial tenanted complex
– Highly accessible with superb connectivity to major transport networks
– Proximity to an abundance of local amenity and lifestyle destinations including parks, recreational facilities, shopping, food and hospitality
– “Bite size”, very affordable, entry level offering into commercial accommodation arena
– Convenient location only 5km* west of Perth CBD
– Flexible Zoning – Retail & Office use
– Extremely sought after and tightly held precinct
Specific Property Details:
– Strata Area – 105sqm*
– Building Area- 59sqm*
– Three (3) Car Bays (One secure undercover and two open)
– Basement storage with roller door
– Full height shopfront glazing
– Ducted reverse cycle air-conditioning
– Suspended panel ceilings with recessed light fittings
– Self contained toilets, shower and kitchenette
– Commercial grade carpets to office areas and tiling to wet areas
Lease Details:
– Leased to 30th November 2029
– Further (4) year option from 1st December 2029 and a final four (4) option from 1st December 2033
-Tenant pays full outgoings
Further Lease details available on request.
For more information, or to arrange an inspection, please contact the Exclusive Selling Agent.
*Approximately
