Core West Perth office building with value-add potential. Suits owner-occupiers and investors

SOLD

15-17 Altona Street

West Perth WA 6005

Offices

FOR SALE

2290m2

The sale of 15-17 Altona Street, West Perth represents an exceptional opportunity for investors and owner-occupiers to purchase a significant freehold West Perth office investment with tremendous value-add potential.

A strategically located building, 15-17 Altona Street is offered on a fully leased basis until early 2014 and will then provide a rare whole building vacancy offering flexibility for owner-occupiers or astute investors to reposition the building through refurbishment, re-leasing or strata conversion.

A unique opportunity to invest in West Perth which now ranks as the tightest office market in Australia.

- Building area: 2,290sqm* plus 60 car bays
- Land area: 1,656sqm*
- Zoning: "Office/Residential" West Perth Precinct 10
- Estimated net income: $1,100,000pa*
- 100% leased until February 2014*
- Value add through asset repositioning
- Potential for strata conversion
- 3-Star NABERS energy rating
- Invest in Australia's tightest office market

*Approx.

FOR SALE BY OFFERS TO PURCHASE Closing 4pm Thursday 14 March 2013