Offices for Sale

188 - 198 Churchill Avenue Subiaco, WA 6008

$2,200,000 (Net Return 7.5%pa)

Building: 505m²

Contact the agent if you'd like further information.

Enquire with Agent

Offices for Sale in Subiaco

Subiaco Investment - Net Return 7.5%pa

Building: 505m²

Next Steps:

Enquire with agent

RWC WA presents for sale this modern leased commercial investment positioned in the heart of Subiaco.

This large format commercial office is fully leased to a major local "allied health" firm - the current net income is $165,420pa (rent & car bays income).

Positioned on Level 1 (top floor), 188 - 198 Churchill Avenue, Subiaco, the sizeable property comprises a main strata floor area of 505sqm, plus exclusive amenities (male & female & tea prep facilities) and comes with 13 car parking bays within a secure access basement.

Directly adjacent to the property is two council public car parks in addition to generous street parking.

Investment Summary
• Modern building within the heart of Subiaco
• 505sqm strata area* plus exclusive amenities
• 13 basement car bays - secure access basement
• Current lease term extends to 31/08/2026
• Net income $165,420pa* (includes car bay income)

To obtain a detailed Information Memorandum (IM) lodge your enquiry via this website or contact the agents.

Proudly presented for sale by RWC WA as exclusive selling agents:

Michael Milne
Senior Advisor, Capital Markets | RWC WA
0403 466 603
michael.milne@raywhite.com

Brett Wilkins
Director, Capital Markets | RWC WA
0478 611 168
brett.wilkins@raywhite.com

*Approximately

Building:

505m²

Zone:

Centre (R-AC0)

Tenancy:

Tenanted

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