10 & 11, 375 Hay Street,
Subiaco, WA 6008

Shops & Retail • Offices • Medical & Consulting

Price information

Sold

$740,000

Key property information

Floor area

Car spaces

Parking info

Property extent

Sold on

Map of 10 & 11, 375 Hay Street

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LEASED INVESTMENT IN CENTRE OF SUBIACO

LEASED INVESTMENT
HIGH RENTAL
LONG TERM GROWTH

We are pleased to offer FOR SALE Units 10 & 11 at 375 Hay Street, Subiaco. Located within the well known Subiaco Mews complex these units are now available to be purchased by an investor looking for a high rental return from a long term tenant.

Unit 10 (56sqm) plus 1 undercover secure bay
Unit 11 (66sqm) plus 1 undercover secure bay

Lease Terms:
- 5 + 5 year lease
- 4% pa increases
- Commencing Net rental of $350/sqm pa ($42,700 pa)
- Common car bay income of $2,957 pa (FY21)

Based on asking price of $749,000 (going concern) the units are realising a yield of 6.09%

Zoned "Centre" within City of Subiaco LPS No. 5

For further information or to arrange an inspection please contact the exclusive selling agent: Greg D'Arcy

Property ID: 504061839Last Updated: 20 Jun 2023

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