18/100 Railway RoadDaglish WA 6008
Property Details for 18/100 Railway Rd, Daglish
Last Listing description (December 2023)
Realmark Commercial is pleased to offer to the market for sale Unit 18, 100 Railway Road. The exceptionally well fitted 486sqm* (NLA) Office which is located on the second floor within the premium 'Spectrum' building offers the prospective buyer a true set-and-forget investment with exceptional value.Unit 18 is situated on Level 2 of the building and commands a strong presence to the lobby and lift foyer area. Overlooking Subiaco from its high vantage viewpoint this opportunity will hold its value in years to come.What to know:- Modern office 'Spectrum' building on high exposure corner- NLA: 486sqm*- Strata area: 725sqm*- Car bays: 13 car bays being 1 bay per 37sqm*- Exceptional high quality office fit out- Excellent natural light- Brand new air-conditioning system ($170,000*)- 100% leased to two local tenants Knight and Taylor Smart- Income certainty with strong covenant- Uniquely positioned Subiaco view point- Strategically positioned within close proximity to Subiaco's retail precinct| Location Description |Situated on the intersection of Hay Street & Railway Road in Subiaco the property is only a stroll to the popular cafe/retail strip of Rokeby Road & Subiaco Train Station.| Sale Process |Contact Agent. The property is being sold as a Going Concern (GC).| Lease Terms |Tenant (1): Taylor Smart - a dedicated Law firm providing a broad range of legal expertiseArea: 345sqmExpiry: August 2028 + optionsNet rent: $104,919Outgoings: $113sqm - fully recoverable(8) Car bays @ rent: $16,686Tenant (2): NKH ResourcesArea: 140sqmExpiry: April 2024 + options (the Tenant is currently negotiating to extend their lease)Net rent: Currently negotiating their rent portion for the new optionOutgoings: $113sqm - fully recoverable(5) Car baysIts prime location makes it impossible to overlook, making it an ideal opportunity for investors in the office, medical and consulting fields.Who to talk to:Brent Griffiths - 0402 609 126
Property History for 18/100 Railway Rd, Daglish, WA 6008
- 09 Oct 2023Sold for $2,200,000
- 20 May 2023Listed for Sale S O L D
- 19 Sep 2022Listed for Sale For Sale by Offers to Purchase from $2,450,000
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About Daglish 6008
The size of Daglish is approximately 0.7 square kilometres. It has 5 parks covering nearly 29.7% of total area. The population of Daglish in 2011 was 1,494 people. By 2016 the population was 1,428 showing a population decline of 4.4% in the area during that time. The predominant age group in Daglish is 10-19 years. Households in Daglish are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Daglish work in a professional occupation. In 2011, 60.1% of the homes in Daglish were owner-occupied compared with 63.3% in 2016.
Daglish has 678 properties. Over the last 5 years, Houses in Daglish have seen a 82.60% increase in median value, while Units have seen a 38.35% increase. As at 31 August 2024:
- The median value for Houses in Daglish is $2,136,363 while the median value for Units is $674,852.
- Houses have a median rent of $770 while Units have a median rent of $485.
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