- High profile location
- Excellent car parking ratio
- Excess land for redevelopment/extension
- Land area 572 sqm
- Building area 310 sqm GBA approx
- Short term leaseback due to expansion
Introduction
Burgess Rawson is pleased to offer for sale by Offers Invited this modern, two storey office building situated in a high exposure location on Hay Street in Subiaco, within easy walking distance to the Subiaco train station and shops. The property will suit owner occupiers or investors.
Improvements
Situated on the site is a modern, two level office building. The property comprises the following approximate areas:
Ground floor - 140 sqm
First floor - 170 sqm
Total - 310 sqm
The property comprises a mixture of fully partitioned offices, open plan work stations, reception/waiting area, boardroom and staff kitchenette/lunchroom. There are 12 car bays on site.
Lease Details/Possession
The seller requires a short to medium term leaseback at a net rent of 7% of the purchase price. Refer to selling agents for further details.
Zoning
The City of Subiaco advise that the property is zoned Commercial/Residential'.
Land Details
The site has a frontage to Hay Street of 14.22 metres, a depth of 40.27 metres and a total land area of 572 sqm.
Sale Conditions
The property is offered for sale by Offers Invited' closing 2.00pm (WST) Thursday, 5 July 2012. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Closing Date
Thursday, 5 July 2012 at 2.00pm (WST).
Goods & Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern' for GST purposes.
For further details
Rob Selid
0412 198 294
rselid@burgessrawson.com.au
