188 - 198 Churchill Avenue,
Subiaco, WA 6008
Offices • Medical & Consulting • Other
Price information
Sale
$2,200,000 (Net Return 7.5%pa)
Key property information
Floor area
Car spaces
Parking info
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 188 - 198 Churchill Avenue
Train stations within 5 km of 188 - 198 Churchill Avenue, Subiaco, WA 6008 Distance Subiaco Station 598 m West Leederville Station 668 m Leederville Station 1.4 km City West Station 1.5 km Daglish Station 1.6 km POWERED BY HERE ©Bus stops within 5 km of 188 - 198 Churchill Avenue, Subiaco, WA 6008 Distance Hay St After Ellen St 38 m Roberts Rd Before Ellen St 222 m Bagot Rd Before Francis St 283 m Bagot Rd Before Townshend Rd 342 m Hay St Before Coghlan Rd 356 m POWERED BY HERE ©
POWERED BY HERE ©
Subiaco Investment - Net Return 7.5%pa
- Modern Large Format Offices
- Quality Lease Covenant - Allied Health
- Leased Investment - Net 7.5%pa
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 6...
michael.milne@raywhite.com
Brett Wilkins
Director, Capital Markets | RWC WA
0478 611 1...
brett.wilkins@raywhite.com
*Approximately
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 6...
michael.milne@raywhite.com
Brett Wilkins
Director, Capital Markets | RWC WA
0478 611 1...
brett.wilkins@raywhite.com
*Approximately
Additional information
External websites
Property ID: 504334836Last Updated: 13 May 2024
188 - 198 Churchill Avenue
Subiaco, WA 6008
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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