Offices for Sale

14 & 15/524 Hay Street Perth, WA 6000

$2,990,000 (GST Free)Play Video

Building: 528m²

Contact the agent if you'd like further information.

Enquire with Agent

Offices for Sale in Perth

Rock Solid Investment - 8.7% Yield - Asking Price of only $2.99 million and it's all very Legal

Building: 528m²

Next Steps:

Enquire with agent

Unit 14 & 15, 524 Hay Street Perth is a beautifully appointed office leased to one of Australia's largest legal firms in the very heart of Perth's legal quarter.

Strategically located in the heart of Perth's legal quarter with close proximity to the Supreme Court of WA , the Federal Courts, District Courts and the Magistrates Courts as well as the Treasury precinct and Perth Library, the property comprises of 528sqm of strata floor with a beautiful office fit out.

Key attributes include:

Level 5 with two strata units giving future flexibility
Location on the northern side of Hay Street
Surrounded by Supreme Court, Federal Court, District Court and Magistrate Court
Fully leased with net Passing Income $260,141 pa*
Net Return of 8.7%

Asking Price: $2,990,000 (GST Free)

For further information or to arrange an inspection, please contact the agents:

Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com

Luke Pavlos
0408 823 823
luke.pavlos@raywhite.com

*Approx

Building:

528m²

Tenancy:

Tenanted

Next Steps:

Enquire with agent

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Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

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