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

+4 Photos

+6 Photos

SOLD

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

Properties / Sold / Western Australia / Perth Cbd

Tenanted Investment

1. Property Summary

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

Show All

2. Property 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: brett.wilkins@raywhite.com

Luke Pavlos

RWC (WA)

M: 0408 823 823

E: luke.pavlos@raywhite.com

Remember to mention you found this property on CommercialReady

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

2. Property 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.

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: brett.wilkins@raywhite.com