Approved Port Coogee SDA project offered for sale
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
MEDICAL LEASED INVESTMENT
The well located property has a strong head lease agreement on it of 10 years with Swan Medical (GP), with two strong sublessee’s sitting underneath it (the Pharmacy and the Physiotherapist.)
| Sale Analysis | |
| Sale Price: | $7,780,000 |
| Sale Date: | May 2021 |
| Building Area: | 2,507sqm* |
| Yield – Passing: | 6% |
| Vendor: | Silverstar Property Pty Ltd |
| Purchaser: | RAM |
*Approximately
A boutique coastal development site within Port Coogee’s marina precinct has been listed for sale.
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.