Fully Leased City Fringe Investment Opportunity

SOLD

287-295 Lord Street

Perth WA 6000

Offices

FOR SALE

668m2

- Modern and well presented.
- High profile location.
- Two level office building.
- Fully leased.
- Building area 668sqm*.
- 13 on site car bays.
- Land area 774sqm*.
- Redevelopment potential**.

Burgess Rawson is pleased to offer for sale 287-295 Lord Street, Perth. An excellent opportunity to purchase a fully leased commercial investment property in this rapidly appreciating city fringe location with future redevelopment potential.

Location
The property is situated in a high profile location offering easy access to the Perth CBD railway and public transport and is within close proximity to the Northbridge and Beaufort Street entertainment precincts.

Improvements
A two level office building with a total NLA of 668sqm* and 13 on site car bays. This modern building is well presented and includes generous staff amenities.

Tenancy
The property is sold subject to the existing leases with an approximate net rent of $133,000 pa. Please refer to the Selling Agents for further details.

Title Details
Lot 77 on Diagram 100837 Certificate of Title Volume 2209 Folio 569.

Land Details
Frontage to Lord Street - 24.49 metres*
Total land area - 774sqm*

Zoning
The Town of Vincent verbally advise that the property is located within 'Precinct 14 Forrest' and is zoned 'Commercial'.

Goods and Services Tax
The sellers are registered for GST and the property is sold as a 'Going Concern'.

Asking Price
$2,150,000 (GST Going Concern)

For further information please contact the Selling Agents.

*Approx
**Subject to Council Approval