15/531 Hay Street Subiaco

Transact Capital is delighted to present Lot 15 of 531 Hay Street, Subiaco WA FOR SALE via Private Treaty. The opportunity is to acquire a fully leased commercial strata investment comprising two office tenants across 310 sqm of NLA with 10 secure car parking bays.

• Fully Leased Net Income: $144,440 PA + GST (INC variable Wilson Parking Income)
• Variable Wilson Parking Income: Estimated to be $10,000 pa + GST.
• Suit 15A – 160.7 sqm Leased to National Medical Group
• Suite 15B – 151.8 sqm Leased to Chartered Accountants
• Strong Fixed Annual Rental Increases greater than 3% pa
• WALE by income greater than 4 years
• Fully fitted office tenancies (transferable with the property).
• Secure Tenant Parking and Wilson public parking for customers
• Ample amenities from the Subiaco food and beverage precinct
• All outgoings fully recoverable from tenants
• Lease secuirty provided from both tenants

Financial Summary:

Net Income: $134,440 pa + GST Variable Income: $10,000 pa + GST (Approx.) Fully Leased Net Income: $144,440 pa + GST Outgoings: $28,306* pa + GST (fully recoverable from tenants includes strata levies) Gross Income: $172,746 pa + GST

For further information or to request a tour of the asset, please contact Geoff Fraser on 0413 624 000.