52 The Crescent,
Midland, WA 6056
Offices • Shops & Retail • Other
Price information
Sale - Expression of Interest
Offers invited
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 52 The Crescent
Train stations within 5 km of 52 The Crescent, Midland, WA 6056 Distance Midland Station 611 m Woodbridge Station 1.4 km East Guildford Station 2.7 km Guildford Station 4 km Success Hill Station 5 km POWERED BY HERE ©Bus stops within 5 km of 52 The Crescent, Midland, WA 6056 Distance The Crescent After Keane St 86 m The Crescent After Viveash Rd 92 m Keane St After the Avenue 144 m The Crescent Before Sayer St 165 m The Crescent After Stafford St 183 m POWERED BY HERE ©
POWERED BY HERE ©
Gateway commercial ppportunity
RWC WA is please present for sale, Cale House, 52 The Crescent, Midland, a three level A grade commercial office building, with ground level retail comprising a total net lettable area of 4,030sqm*.
The property is prominently positioned at the intersection of Cale Street and The Cresent, directly opposite Midland Gate Shopping Centre in the heart of Midland.
This multi tenanted asset provides a diverse income stream anchored by blue chip occupants including State Government, Crust Pizza and Baskin Robbins.
The property has a net passing income of $1,249,807p.a and a short term WALE of 2.02 years (based on area) providing a unique opportunity for owner occupiers or an astute investor to reposition the asset for future capital gains.
Property highlights:
• A grade office/ retail development
• Building area 4,030sqm* (NLA)
• 67 secure basement bays Including two accessible bays
• Net passing income $1,249,807 pa (based on 98% occupancy)
• WALE of 2.02 years (based on area)
• Office tenant (2,990sqm*) to vacate February 2025
• Opportunity for owner occupies to secure their corporate headquarters, or investors to re-let or reposition at market reversions /or a combination of both
• Large office floor plates with central service core allowing for flexibility in subdivision
• High quality office fitout
• Gateway Satellite City servicing Perth's the eastern corridor
• Highly sort after by Not for Profits, Government Agencies, Health and Age Care providers
• New train station relocation to Cale Street
The property is for sale by Offers Invited.
For further details or to arrange an inspection please contact the Agents:
Luke Pavlos
RWC WA
Mobile: 0408 823 8...
Email: luke.pavlos@raywhite.com
Brett Wilkins
RWC WA
Mobile: 0478 611 1...
Email: brett.wilkins@raywhite.com
* Approximate
The property is prominently positioned at the intersection of Cale Street and The Cresent, directly opposite Midland Gate Shopping Centre in the heart of Midland.
This multi tenanted asset provides a diverse income stream anchored by blue chip occupants including State Government, Crust Pizza and Baskin Robbins.
The property has a net passing income of $1,249,807p.a and a short term WALE of 2.02 years (based on area) providing a unique opportunity for owner occupiers or an astute investor to reposition the asset for future capital gains.
Property highlights:
• A grade office/ retail development
• Building area 4,030sqm* (NLA)
• 67 secure basement bays Including two accessible bays
• Net passing income $1,249,807 pa (based on 98% occupancy)
• WALE of 2.02 years (based on area)
• Office tenant (2,990sqm*) to vacate February 2025
• Opportunity for owner occupies to secure their corporate headquarters, or investors to re-let or reposition at market reversions /or a combination of both
• Large office floor plates with central service core allowing for flexibility in subdivision
• High quality office fitout
• Gateway Satellite City servicing Perth's the eastern corridor
• Highly sort after by Not for Profits, Government Agencies, Health and Age Care providers
• New train station relocation to Cale Street
The property is for sale by Offers Invited.
For further details or to arrange an inspection please contact the Agents:
Luke Pavlos
RWC WA
Mobile: 0408 823 8...
Email: luke.pavlos@raywhite.com
Brett Wilkins
RWC WA
Mobile: 0478 611 1...
Email: brett.wilkins@raywhite.com
* Approximate
Additional information
External websites
Property ID: 504399396Last Updated: 10 Jun 2024
52 The Crescent
Midland, WA 6056
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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