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Suite 3/159 Adelaide Terrace
East Perth WA 6004
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Sold on 21 Jun 2024

Suite 3/159 Adelaide Terrace East Perth WA 6004

  • Offices
  • 349 m²
  • Sold

Offers Invited - Current Lease Extended until 30th June, 2027!

    Offers invited to show net return of circa 8.5% - 9% !!!

    Opportunity to secure a fully leased investment, with long standing tenant, high quality building & tenancy fitout with Quality returns

    • 349sqm office
    • 2 secure car bays
    • Secure, Ground floor position
    • Long standing tenant
    • Tenant has recently exercised their 2 year option
    • High quality office presentation
    • Fully partitioned
    • Entry / reception
    • Boardroom
    • 11 offices (or mix of meeting rooms)
    • Two open plan areas
    • Staff kitchen & break out
    • Data & store area
    • Disabled access compliant
    • Shower onsite
    • Wilsons car park located next door (Bennett St), plus ample street parking readily available
    • Short walk to Langley Park & Swan River, along with other locations such as Law Courts
    • Surrounded by cafes & amenities
    • Only 11 lots in building

    Current total rental $127,983 p.a. plus outgoings & GST (includes Parking license income)

    Long Standing Tenant and expected returns well over 7% net!

    For further information please contact the Selling Agent.

    Raine & Horne Commercial WA
    Raine & Horne Commercial WA
    334 Cambridge Street
    Wembley, WA 6014

    Property Highlights

    Date Sold21 Jun 2024
    Floor Area349 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Property ID2018391324
    Category
    Last updated  21 Jun 2024
    Map for Suite 3/159 Adelaide Terrace East Perth WA 6004
    Raine & Horne Commercial WA
    Raine & Horne Commercial WA
    334 Cambridge Street
    Wembley, WA 6014

    Property Highlights

    Date Sold21 Jun 2024
    Floor Area349 m²
    Land AreaAsk Agent
    Energy0-star NABERS Energy rating
    Parking2 x Onsite parkings
    Property ID2018391324
    Category
    Last updated  21 Jun 2024

    Co-Agents

    Terry Menage
    Raine & Horne Commercial WA
    Call
    0413046317
    Matthew Edwards
    Raine & Horne Commercial WA
    Call
    0402 515 251

    More about Suite 3/159 Adelaide Terrace East Perth WA 6004

    Suite 3/159 Adelaide Terrace East Perth WA 6004 is categorized as Office. It has a floor area of 349 m². There are 2 x onsite parkings.The listing ID for this property is 2018391324.

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