We are pleased to present to the market for Sale a secure leased investment opportunity located at 4/26 Charles Street, South Perth.
Leased to a JNG Property Group on a brand new 5-year term commencing 1st April 2021, the 214sqm* office suite comprises 5 undercover secure car bays and is priced competitively at $1,350,000 (Going Concern).
Suite 2.03 is a corner tenancy situated on Level 2 with excellent natural light and a modern fitout design, with a spacious 39sqm south facing balcony. The sale includes the brand-new fit-out and features substantial depreciation benefits.
JNG Property Group are Perth's only shared-living and HMO (houses of multiple occupants) specialists, providing high-quality, affordable accommodation across the Perth region.
26 on Charles is well serviced by public transport routes and is located less than 10-minutes to the Perth CBD only a few paces away from the Perth Zoo, a short walk to the river and a quick stroll to a fine selection of bars and restaurants along Mends Street providing exceptional local amenity.
Key Features:
- Brand new 5-year lease with 3-year option.
- Passing Income of $90,450 per annum plus GST.
- Fixed 3% annual increases providing built-in rental growth
- Substantial depreciation benefits from buildings and fit-out
- 5 undercover secure car parking bays.
- Recently completed mixed-use development with modern end of trip facilities.
- Architecturally designed by award winning MJA Studio.
- Ample street parking plus public parking adjacent Richardson Park.
- Short drive, ferry or bus ride to Perth CBD and easily accessible via Mitchell Freeway
- Walking distance to Perth Zoo and Mends Street Cafe & Retail precinct
Statutory Outgoings 21/22:
Council Rates: $3,802* pa
Water Rates: $3,381* pa
Strata Levies: $6,192* pa
Total: $13,375* pa
For further information or to arrange an inspection, please contact the Exclusive Selling Agents Jack Bradshaw and Jake Wallman.
