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14 & 15, 524 Hay Street, Perth, WA, 6000

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14 & 15, 524 Hay Street, Perth, WA, 6000

Perth Cbd

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14 & 15, 524 Hay Street, Perth, WA, 6000

Perth Cbd

SOLD
14 & 15, 524 Hay Street, Perth, WA, 6000

14 & 15, 524 Hay Street, Perth, WA, 6000

Properties / Sold / Western Australia / Perth Cbd
Tenanted Investment
Selling Method
Contact Agent
Selling Details
8.2% Net Return
Floor Area
528 m² (*approx)
Property Type
Offices, Retail
Sub-type
Office Suites, Mixed Use
Terms
Fully leased with 5.5 years remaining
Est. Income
$224,000 p/a
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Rock Solid Investment - 8.2% Yield - Asking Price of only $2.9 million and it's all very Legal
  • 5 Years Lease

Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia's largest legal firms in the very heart of Perth's legal quarter.

Strategically located in the heart of Perth's legal quarter with close proximity to the Supreme Court of WA , the Federal Courts, District Courts and the Magistrates Courts as well as the Treasury precinct and Perth Library, the property comprises of 528sqm of strata floor with a beautiful office fit out.

Key attributes include:

• Level 5 with two strata units giving future flexibility

• location on the northern side of Hay Street

• Surrounded by Supreme Court, Federal Court, District Court and Magistrate Court

• Fully leased with 4 years remaining plus options

• Net Passing Income $238,066 pa

• Net Return of 8.2%

For further information or to arrange an inspection, please contact the agents:

Brett Wilkins

RWC (WA)

M: 0478 611 168

E: [email protected]

Luke Pavlos

RWC (WA)

M: 0408 823 823

E: [email protected]

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

524 Hay Street Investment Summary

Property Type
Offices, Retail
Sub-type
Office Suites, Mixed Use
Est. Income
$224,000 p/a
Terms
Fully leased with 5.5 years remaining
Floor Area
528 m² (*approx)
Selling Method
Contact Agent
Selling Details
8.2% Net Return

Investment Highlights

Rock Solid Investment - 8.2% Yield - Asking Price of only $2.9 million and it's all very Legal
  • 5 Years Lease

Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia's largest legal firms in the very heart of Perth's legal quarter.

Strategically located in the heart of Perth's legal quarter with close proximity to the Supreme Court of WA , the Federal Courts, District Courts and the Magistrates Courts as well as the Treasury precinct and Perth Library, the property comprises of 528sqm of strata floor with a beautiful office fit out.

Key attributes include:

• Level 5 with two strata units giving future flexibility

• location on the northern side of Hay Street

• Surrounded by Supreme Court, Federal Court, District Court and Magistrate Court

• Fully leased with 4 years remaining plus options

• Net Passing Income $238,066 pa

• Net Return of 8.2%

For further information or to arrange an inspection, please contact the agents:

Brett Wilkins

RWC (WA)

M: 0478 611 168

E: [email protected]

Luke Pavlos

RWC (WA)

M: 0408 823 823

E: [email protected]

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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14 & 15, 524 Hay Street, Perth, WA, 6000

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Property Location of 14 & 15, 524 Hay Street, Perth, WA, 6000

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14 & 15, 524 Hay Street, Perth, WA, 6000 Perth Cbd
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