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22 & 25, 257 Balcatta Road Balcatta, WA 6021

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22 & 25, 257 Balcatta Road,
Balcatta, WA 6021

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Map of 22 & 25, 257 Balcatta Road

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***UNDER OFFER***Securely Leased Property

  • Great Investment Opportunity
  • 1,278sqm of High Quality Offices
  • New Five Year Lease
- 1,278sqm of High Quality Offices
- New Five Year Lease
- Stunning Fit Out

PROPERTY DETAILS:
Suite 22: 632sqm located on the ground floor on the front right hand side of the building.
Suite 25: 646sqm located on the first floor on the front right hand side of the building.

Stirling Gate Commercial Centre is a high profile commercial development that is a combination of retail showrooms and office building. It faces the major arterial roads Balcatta Road and Wanneroo Road in a major corner location—one could only describe the location as Blue Chip.

LEASE DETAILS:
A new 5 year Lease with a 5 year option period.

TENANT DETAILS:
Blue Print Homes a division of the substantial WA Housing Group.

RENTAL:
Suite 22: $156,084 net per annum*
Suite 25: $159,540 net per annum*
Total Rental: $315,624 net per annum*
*Note: Net Rental

RENT REVIEWS:
The Rent is reviewed annually to the Consumer Price Index with a Market Review at the Option Period.

FIT OUT:
These offices are simply Blue Chip quality. Inside the fit out is ultra modern, crisp and clean.

GENERAL:
This is a securely leased investment opportunity offering a great return. Balcatta is 3 kms north of Osborne Park and 9kms north of the Perth CBD. It is a securely held commercial/retail precinct.

These properties can be purchased together or separately.

PRICE:
$3,960,000 (GST as Going Concern)

For further details please contact Chris Farris 0413 945 667 chrisf@rfre.com.au

Property ID: 501705969Last Updated: 21 Feb 2016

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08 9367 78...
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22 & 25, 257 Balcatta Road
Balcatta, WA 6021
Ron Farris Real Estate Pty Ltd - South Perth
Suite 9, 23 Richardson Street
SOUTH PERTH, WA 6151

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