147-149 Colin Street West Perth WA 6005

Recently completed $700,000 refurbishment.

Ground floor and part first floor currently leased to 2 tenants, generating secure holding income. Significant potential for uplift through a leasing campaign or owner-occupier use of the vacant areas.

This contemporary, classically styled office building is a rare offering, blending style with functionality, making it ideal for a wide range of occupiers and investors.

This freshly renovated, sought-after location with unrivalled freeway and CBD access!

Land Area: 751sqm
Building Area: 1,022sqm
24 car bays

Property Features:
• Three elevations of glazing provides remarkable working environment
• Balconies to each of the upper levels
• Each floor plate is partitioned, with mix of open plan areas, offices, meeting spaces, ablutions and amenities
• Proximity to the CBD, surrounding commercial and access from western suburbs
• Easy access to the Mitchell, Kwinana and Graham Farmer Freeways
• Within walking distance to City West Train Station, local amenities and cafes
• Substantial Building on green title
• Tightly held commercial precinct
• Great central West Perth location
• Corner site allows greater frontage, natural light and exposure
• Independent floors - own wet areas, access etc.
• Balcony on levels 1 & 2
• Shower on level 2 and could easily be added to other floors

Exceptional rental and capital growth prospects. Passing income: $170,247 p.a plus outgoings plus GST. Potential income: $418,447 p.a plus outgoings plus GST (before incentives).

For Sale: Offers Invited.

For more information or to arranging a viewing please contact the Selling Agents.