FOR SALE
7.0%pa (Net)

26/48 Outram Street
West Perth WA 6005

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 173m2
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West Perth - Leased Investment - 7% pa (Net)

RWC WA presents this modern ground floor commercial property for sale as a fully leased investment returning 7%pa (net) with a secure lease term to an accounting firm and settlement agency.
Ground floor unit 2/48 Outram Street, West Perth comprises an internal office area of 173sqm and comes with 4 car bays at basement.
This modern commercial office comes substantially partitioned, fitted, furnished and self-contained. The fit out configuration includes formal entry, reception, meeting room, executive offices, work stations, utility areas, its own private male, female and kitchen amenities and storage.
Its prominent position within the absolute heart of the West Perth dress circle precinct is surrounded by popular cafes, restaurants, retail amenities and public parking. The CAT bus route provides direct convenient free public transport access to and from the Perth CBD.
Investment summary:
• Lease to established Accountancy firm
• 173sqm fully fitted commercial offices
• 4 years current term (expires 30/06/2027)
• 3 years option period (expires 30/06/2030)
• $75,000pa net (comprises Rent $60,000pa & 4 Cars $15,000pa)
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Property Details for 26/48 Outram St, West Perth

Building Type
Commercial
Floor Size
173m2

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About West Perth 6005

The size of West Perth is approximately 2.3 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of West Perth in 2011 was 5,167 people. By 2016 the population was 5,618 showing a population growth of 8.7% in the area during that time. The predominant age group in West Perth is 20-29 years. Households in West Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Perth work in a professional occupation. In 2011, 34.7% of the homes in West Perth were owner-occupied compared with 33% in 2016.

West Perth has 5,887 properties.

    There are currently 66 properties listed for sale, and 45 properties listed for rent in West perth on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in West perth.

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