Offers invited to show net return of circa 8.5% - 9% !!!
Opportunity to secure a fully leased investment, with long standing tenant, high quality building & tenancy fitout with Quality returns
349sqm office
Current total rental $127,983 p.a. plus outgoings & GST (includes Parking license income)
Long Standing Tenant and expected returns well over 7% net!
For further information please contact the Selling Agent.
The size of East Perth is approximately 3.2 square kilometres. It has 21 parks covering nearly 33.5% of total area. The population of East Perth in 2011 was 8,184 people. By 2016 the population was 10,598 showing a population growth of 29.5% in the area during that time. The predominant age group in East Perth is 20-29 years. Households in East Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Perth work in a professional occupation. In 2011, 37.8% of the homes in East Perth were owner-occupied compared with 37.6% in 2016.
East Perth has 8,340 properties. Over the last 5 years, Houses in East Perth have seen a 17.54% increase in median value, while Units have seen a 32.00% increase. As at 31 October 2024:
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