Exceptional Location | High Visibility | Thriving Business Hub
Outstanding Leased Investment Opportunity in a Thriving Commercial Hub
First time offered to the market in over 30 years. A rare opportunity to purchase one or both of these exceptional office units in the Epsom Avenue Local Centre. Ideal for self-managed super funds, future owner-occupiers, or investors looking for a secure, high-demand commercial asset.
Leased Investment Details:
* Unit 6: Leased on a three-year term from November 1, 2023, to November 1, 2026, with a three-year renewal option. Gross rental income is $1,884.03 per month, inclusive of GST and outgoings. Rent reviews include a 5% fixed increase, next due November 1, 2025.
* Unit 7: Leased on a two-year term from April 6, 2023, to April 6, 2025, with a two-year renewal option. Gross rental income is $1,837 per month, inclusive of GST and outgoings. Rent reviews are CPI or 5% fixed increase, with option take-up rental pending negotiation by April 6, 2025.
Key Features:
* Choice of Two Units Buy one or both to suit your investment strategy.
* Prime Location Just one kilometre from Perth Airport and eight kilometres from the Perth CBD.
* High-Exposure Position Prominent signage visibility on a well-travelled road.
* Established Business Hub Surrounded by medical centres, retail, and food outlets.
* Convenient Transport and Parking Close to Redcliffe Train Station, major road networks, and serviced by frequent public transport.
* Secure rear parking with electric-gated access.
* Upgraded NBN infrastructure for fast and reliable connectivity.
* Future Growth Potential Located in a revitalized commercial precinct with opportunities for street activation and mixed-use developments.
* Well-Maintained Strata Complex Low strata levies and room for rear sea container storage.
Outgoings:
Strata Levies: $1,600p.a, includes water consumption, building insurance and yard maintenance. Council rates: FY25 $1,900 approx. Water rates: FY25 $2,043 approx.
Asking Price: E.O.I Buyers from $339,000 each. (Going Concern)
For more information or to arrange a viewing, contact the team at RealtyWest today to secure this outstanding investment.
