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10 & 11, 375 Hay Street, Subiaco, WA, 6008
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10 & 11, 375 Hay Street, Subiaco, WA, 6008

2. Property Highlights

LEASED INVESTMENT IN CENTRE OF SUBIACO
  • LEASED INVESTMENT
  • HIGH RENTAL
  • LONG TERM GROWTH

LJ Hooker Commercial Perth is pleased to offer FOR SALE Units 10 & 11 at 375 Hay Street, Subiaco. Located within the well known Subiaco Mews complex these units are now available to be purchased by an investor looking for a high rental return from a long term tenant.

Unit 10 (56sqm) plus 1 undercover secure bay

Unit 11 (66sqm) plus 1 undercover secure bay

Lease Terms:

- 5 + 5 year lease

- 4% pa increases

- Commencing Net rental of $350/sqm pa ($42,700 pa)

- Common car bay income of $2,957 pa (FY21)

Based on asking price of $749,000 (going concern) the units are realising a yield of 6.09%

Zoned "Centre" within City of Subiaco LPS No. 5

For further information or to arrange an inspection please contact the exclusive selling agent: Greg D'Arcy

Remember to mention you found this property on CommercialReady

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3. Property Location

10 & 11, 375 Hay Street, Subiaco, WA, 6008

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4. Due Diligence

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10 & 11, 375 Hay Street, Subiaco, WA, 6008 Subiaco
LJ Hooker Commercial - Perth
LJ Hooker Commercial - Perth
Suite 6/388 Hay St, Subiaco WA 6008
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