Sterling Property is pleased to offer FOR SALE Unit 17, 100 Railway Road, Daglish. Positioned on the top floor of the Spectrum building, at the intersection of Hay Street and Railway Road, in the popular part of the Subiaco Commercial Precinct. The unit is within walking distance to the Subiaco Train Station, 3km from the Perth CBD and easily accessible from the Western Suburbs.
The unit has just been leased to a quality engineering tenant for a 5-year term. Commencing Net Rental is $142,455 pa + GST. Fixed annual increases of 4% per annum. $100,311 bank guarantee. Tenant pays for all outgoings. The tenant is in the process of installing a brand-new office fit out.
Sale Price: $1,850,000 (Going Concern)
NLA: 363sqm*
Car Bays: 10 exclusive car bays
Lease: Currently has a 5-year lease as from 1 December 2024
Net Rental: $285/sqm pa + GST, with fixed 4% reviews
Car Bay Rental: $325/bay/month + GST
Strata Levies: $18,480 per annum
Council Rates: $10,601 per annum
Water Rates: $3,678 per annum
Land Tax: $862.50 per annum
For more information or to arrange an inspection, please contact the exclusive selling agents: Greg D'Arcy 0402 068 292 or Brian Neo 0411 868 486
*Approximate
