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10 & 11/375 Hay Street
Subiaco WA 6008
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Sold on 11 Jul 2022

10 & 11/375 Hay Street Subiaco WA 6008

  • Shop & Retail
  • 122 m²
  • Sold, $740,000

LEASED INVESTMENT IN CENTRE OF SUBIACO

  • LEASED INVESTMENT
  • HIGH RENTAL
  • LONG TERM GROWTH

LJ Hooker Commercial Perth is pleased to offer FOR SALE Units 10 & 11 at 375 Hay Street, Subiaco. Located within the well known Subiaco Mews complex these units are now available to be purchased by an investor looking for a high rental return from a long term tenant.

Unit 10 (56sqm) plus 1 undercover secure bay
Unit 11 (66sqm) plus 1 undercover secure bay

Lease Terms:
- 5 + 5 year lease
- 4% pa increases
- Commencing Net rental of $350/sqm pa ($42,700 pa)
- Common car bay income of $2,957 pa (FY21)

Based on asking price of $749,000 (going concern) the units are realising a yield of 6.09%

Zoned "Centre" within City of Subiaco LPS No. 5

For further information or to arrange an inspection please contact the exclusive selling agent: Greg D'Arcy

Sterling Property Co
Sterling Property Co
Suite 6, 388 Hay Street
Subiaco, WA 6008

Property Highlights

Date Sold11 Jul 2022
Sold Price$740,000
Floor Area122 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2017775742
Category
 Shop & Retail
 Medical / Consulting
 Offices
Last updated  11 Jul 2022
Map for 10 & 11/375 Hay Street Subiaco WA 6008
Sterling Property Co
Sterling Property Co
Suite 6, 388 Hay Street
Subiaco, WA 6008

Property Highlights

Date Sold11 Jul 2022
Sold Price$740,000
Floor Area122 m²
Land AreaAsk Agent
Parking2 x Onsite parkings
Property ID2017775742
Category
 Shop & Retail
 Medical / Consulting
 Offices
Last updated  11 Jul 2022

Listed by

Greg D'Arcy
Greg D'Arcy
Sterling Property Co
Call
0402 068 292

Enquire about this property

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            More about 10 & 11/375 Hay Street Subiaco WA 6008

            10 & 11/375 Hay Street Subiaco WA 6008 is categorized as Shop & Retail Property. It has a floor area of 122 m². There are 2 x onsite parkings.The listing ID for this property is 2017775742.

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