15/531 Hay Street

Subiaco WA 6008

Transact Capital is delighted to present Lot 15 of 531 Hay Street, Subiaco WA FOR SALE via Private Treaty. The opportunity is to acquire a fully leased commercial strata investment comprising two office tenants across 310 sqm of NLA with 10 secure car parking bays. - Fully Leased Net Income: $144,440 PA + GST (INC variable Wilson Parking Income) - Variable Wilson Parking Income: Estimated to be $10,000 pa + GST.- Suit 15A - 160.7 sqm Leased to National Medical Group - Suite 15B - 151.8 sqm Leased to Chartered Accountants - Strong Fixed Annual Rental Increases greater than 3% pa- WALE by income greater than 4 years- Fully fitted office tenancies (transferable with the property).- Secure Tenant Parking and Wilson public parking for customers- Ample amenities from the Subiaco food and beverage precinct - All outgoings fully recoverable from tenants - Lease secuirty provided from both tenants Financial Summary:Net Income: $134,440 pa + GSTVariable Income: $10,000 pa + GST (Approx.)Fully Leased Net Income: $144,440 pa + GSTOutgoings: $28,306* pa + GST (fully recoverable from tenants includes strata levies)Gross Income: $172,746 pa + GSTFor further information or to request a tour of the asset, please contact Geoff Fraser on 0413 624 000.