2027 Lease Expiry - Circa 5.4% Return!
- 6 Year Lease Term
- 591sqm Substantial Improvements
- International Tenant
Here is your chance to secure a prime green title land holding in the City of Melville service commercial zone with purpose built 591sqm two level office building complete with international tenant.
The property enjoys a blue chip location on busy North Lake Road between the major traffic arteries of Leach Highway and Canning Highway and only 10 kilometres to the Perth CBD and 7 kilometres to Fremantle Port.
The established tenant "Famous Pacific Shipping" has recently extended their lease for a further 6 year term expiring 30th September 2027. The current net rental is $185k p.a. Plus GST showing a yield of circa 5.4% on the (from) asking price.
Contact Porter Commercial to register your interest and to receive a more detailed investment summary.