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188 - 198 Churchill Avenue, Subiaco, WA, 6008

2. Property Highlights

Subiaco Investment - Net Return 7.5%pa
  • Modern Large Format Offices
  • Quality Lease Covenant - Allied Health
  • Leased Investment - Net 7.5%pa

RWC WA presents for sale this modern leased commercial investment positioned in the heart of Subiaco.

This large format commercial office is fully leased to a major local "allied health" firm - the current net income is $165,420pa (rent & car bays income).

Positioned on Level 1 (top floor), 188 - 198 Churchill Avenue, Subiaco, the sizeable property comprises a main strata floor area of 505sqm, plus exclusive amenities (male & female & tea prep facilities) and comes with 13 car parking bays within a secure access basement.

Directly adjacent to the property is two council public car parks in addition to generous street parking.

Investment Summary

• Modern building within the heart of Subiaco

• 505sqm strata area* plus exclusive amenities

• 13 basement car bays - secure access basement

• Current lease term extends to 31/08/2026

• Net income $165,420pa* (includes car bay income)

To obtain a detailed Information Memorandum (IM) lodge your enquiry via this website or contact the agents.

Proudly presented for sale by RWC WA as exclusive selling agents:

Michael Milne

Senior Advisor, Capital Markets | RWC WA

0403 466 603

michael.milne@raywhite.com

Brett Wilkins

Director, Capital Markets | RWC WA

0478 611 168

brett.wilkins@raywhite.com

*Approximately

Remember to mention you found this property on CommercialReady

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3. Property Location

188 - 198 Churchill Avenue, Subiaco, WA, 6008

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4. Due Diligence

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188 - 198 Churchill Avenue, Subiaco, WA, 6008 Subiaco
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