22/589 Stirling Highway

Cottesloe WA 6011

As Exclusive Selling Agents, we are pleased to offer for sale, Unit 22, 589 Stirling Highway, Cottesloe. This office occupies a premium location within the complex, situated on the upper northwest corner. It boasts excellent views to the west, overlooking Cottesloe, and is conveniently located within 150 meters of the Cottesloe train station and Napoleon Street.The property comprises 54sqm* and 2 undercover car bays. The property features a reception / waiting area, an open plan area, two offices, an exclusive balcony as well as a private kitchenette and WC. The office is currently leased for $28,458.55 pa net + GST until 31st October 2024 plus a 3 year option. Additionally, 589 Stirling Highway offers shared amenities, encompassing toilets, kitchen tea preps, and shower. Furthermore, the property features a common boardroom available on a pay-per-use basis.Key Benefits:- 54sqm*- 2 undercover car bays- Top floor treetop vista outlook- Great natural light - Ideal for investors or future owner-occupiers - Air-conditioned and alarmed- Private balcony, kitchenette and WC facilities- Suitable for consulting rooms (STCA)- A short walk to Cottesloe's bar, restaurants and post office- Bus stop and train station nearby- Footsteps to the Fremantle to Perth CBD cycle pathLease Details: Net Income: $28,458.55 pa + GSTLease Expiry: 31st October 2024Option: 3 yearsReviews: 3% annual increases except for Market Review at Option Outgoings: Payable by Lessee Security: 3 months gross rent incl GSTFor Sale:$425,000 (Going Concern) For further information, contact the Exclusive Selling Agent Jack Bradshaw (0439 095 336). * approximate(STCA) Subject to Council Approval