24/257 Balcatta Road Balcatta WA 6021

Welcome to Unit 24/257 Balcatta Road, Balcatta...this great leased investment offers a fantastic opportunity for those astute investors looking for long term security in a great location. Situated in a tightly held sought-after location, this property offers convenience and accessibility. With easy access to major roads and transportation options, commuting to and from this property is a breeze.

Strata area: 587 sqm*

Lease details:
• Tenant: One Central Health
* Annual rent: $57,083pa plus Outgoings plus GST, condition in Lease for net rent to increase to $70,000per annum subject to a lift being installed.
* Lift Installation as of 27 March 2025: The lift installation has been approved by the strata company and its owners, the certified drawings are close to being finalised and then the drawings go to the shire for approval which should take up to 2 weeks...once approved then the sellers will order the lift.
• Lease term (subject to the above): 5 year term ending 9 October 2028 plus 5 year option.
• Security: 6 months Gross Rent

Property Features:
• Reception area, multiple offices, training rooms, board room and multiple kitchen areas
• New carpet and re-painted
• Lift access (TBC) owners are progressing with strata approval to install
• Street frontage with great signage opportunities

Asking Price: $1,100,000 (Going concern)

For more information or to arrange an inspection, please call Gavin Lilleyman on 0431 834 775.

* Please note that all measurements are approximate.