Watch Watch
Back
/
Images
×
1
/
Level 3, 8 Outram Street, West Perth, WA, 6005
Tenanted Investment
Images

Property Highlights

TENANTED MODERN STRATA OFFICE IN THE HEART OF WEST PERTH

Knight Frank is pleased to present Level 3/8 Outram Street, West Perth for sale with the opportunity to acquire two adjoining strata units spanning the full third floor. Currently fully leased to a well-established legal tenant offering current income security and flexible investment options moving forward, whether you extend the current lease term or decide to owner occupy.

SITE DETAILS

- Internal Strata Area: 300sqm

- Total Strata Area: 410sqm

- 17sqm of exclusive use balcony

- 5 secure undercover car bays

- Fitout: reception/waiting area, boardroom, 6x offices, 4x meeting rooms, 23x workstations, kitchen/breakout area, comms, store, utilities and exclusive private balcony.

LEASE SUMMARY

Lease Term: 3 years (expiring 30/10/24)

Option Period: Two option periods of two (2) years

Office Rent: $90,975 p.a ($258/sqm)

Parking Rent: $18,540 p.a ($309 pbpm)

Total Net Income: $109,515 p.a

Rent Reviews: 3%

Incentive: NIL

FY 22/23 OUTGOINGS

Low outgoings fully recoverable by the tenant to the amount of $43,231 ($111.20/sqm)

The property is on the market via ‘Expressions of Interest’ with no closing date.

To arrange an inspection or further details, please contact the exclusive selling agents:

Cory Dell’Olio

Zach Schreier

*Approximately

Remember to mention you found this property on CommercialReady

Read More

Evaluate your finance options for this investment

Get advice from our experienced finance team at Ready Capital.

Book a complimentary call today

STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
Level 3, 8 Outram Street, West Perth, WA, 6005
STEP 03 Contact a finance professional

Map: Level 3, 8 Outram Street, West Perth, WA, 6005

Property Map
Show properties in the area
For Sale
Sold

Due Diligence Report

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Please verify your details to allow access.
Enquire Now
calculator-icon Yield Calculator
calcultor-icon Yield Calculator