For Sale

73 North Lake Road, MYAREE WA 6154

  • Building Area 591 m²
  • Sale Price Offers from $3.4 million (GST Exempt as Going Concern)

2027 Lease Expiry - Circa 5.4% Return!

Highlights

  • 6 Year Lease Term
  • 591sqm Substantial Improvements
  • International Tenant

Description

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.

Tenure

Tenanted Investment

Pricing

All prices are indicative plus GST (if any).

Building Area 591 m²

Documents

Agents

Cameron Porter

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