Contact the agent if you'd like further information.
Offices for Sale in Ascot
Occupy, invest, develop or land bank
- Building: 2,000m²
- Land: 2,372m²
Next Steps:
Enquire with agentRWC WA is pleased to present 5 Stoneham Street, Ascot.
5 Stoneham Street, Ascot is a 2,000m²* freestanding two-storey office building positioned on a 2,372m²* parcel of land within the Belmont commercial precinct, adjoining Ascot Waters.
5 Stoneham Street is located within Precinct 2 of the Golden Gateway, which is earmarked as the primary interface between the broader development area and Ascot Waters. This places the building on the doorstep of the Swan River and benefits from the associated pedestrian activity.
The property presents an excellent landbank and future development opportunity, underpinned by reasonable holding income. Alternatively, with few vacancies and the short term nature of the existing leases, an occupier could purchase the building well below replacement cost and immediately occupy part of the total area. The remaining units could continue to be leased, or the new owner could progressively take occupancy as they become available.
The building is currently divided into six tenancies:
Ground Floor:
Unit 1: 290m²* office leased to Red Health Solutions Pty Ltd (Until 2025). Current rent: $44,805 + outgoings + GST.
Unit 2: 256m²* office leased to Red Health Solutions Pty Ltd (Until 2025). Current rent: $39,552 + outgoings + GST.
Unit 3: 170m²* office leased to Zone 50 Engineering Pty Ltd (Until 2024). Current rent: $24,000 + outgoings + GST.
First Floor:
Unit 4: 370m²* office (vacant) - available for lease or owner occupation.
Unit 5: 361m²* office (vacant) - available for lease or owner occupation.
Unit 6: 170m²* office leased to Tyre Response Group Pty Ltd (Until 2025). Current rent: $30,000 + outgoings + GST.
In addition, there is approximately 383m²* of shared common area, which includes kitchenettes, well-lit walkways, and male and female amenities.
For the Information Memorandum or to arrange an inspection, please contact the agents:
Stephen Harrison
RWC WA
0421 622 777
stephen.harrison@raywhite.com
Chris Matthews
RWC WA
0413 359 315
chris.matthews@raywhite.com
*Approximate
2,000m²
2,372m² / 0.59 acres
Mixed Business
Tenanted
Next Steps:
Enquire with agentInvestment Information
Partially Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
Agents
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