10/18 Stirling Highway Nedlands WA 6009

NOW UNDER CONTRACT

Ray White Commercial (WA) is pleased to present commercial office suite 10 / 18 Stirling Highway, Nedlands for sale as a leased investment with a strong rental return.

18 Stirling Highway Nedlands is a boutique 'serviced' commercial office building conveniently positioned at the doorstep to the Perth CBD and nearby freeway access.

This gateway location to Perth's exclusive western suburbs is positioned next to the AMA headquarters and in immediate proximity to the University of WA (UWA) and the Sir Charles Gairdner Hospital (SCGH) / QE11 Medical precinct.

Suite 10 has the prime position directly next to the ground floor formal 'fully manned' reception area. The property comprises 87sqm of partitioned offices and comes with 3 secure access car bays.

The property is offered for sale as a leased investment with a strong return (7.0%pa net), combined with long term lease (5+ 5 years) to a renowned Civil and Structural Engineering firm.

Summary details
• Ground floor offices in front corner position
• Directly adjoins a manned (serviced) reception
• 87sqm partitioned strata office area
• 3 basement car bays included
• 131sqm total strata area
• 2 additional visitor bays at front
• Renowned established tenant - Civil & Structural Engineers (since 2009)
• New 5 years lease term (until 2028) + 5 years option
• 7.0%pa net income
• $469,000 (Net of GST)

NOW UNDER CONTRACT

Please contact me for to obtain further details and to arrange an inspection (by appointment)

Michael Milne
Ray White Commercial WA
M: 0403 466 603
E: michael.milne@raywhite.com