22 Hardy Street,
South Perth, WA 6151
Offices • Development Sites & Land
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Map of 22 Hardy Street
AUCTION
ONSITE 11AM - THURSDAY 23RD OCTOBER 2008
A two storey office building constructed in the mid 1970’s. The premises are divided into six separate office areas with a combined lettable area of 450sqm. There are 21 carbays onsite.
The premises are fully leased to two separate tenants. Neither lease contains a redevelopment clause. The lease details are:
Egans
Leased until June 2012 with no further option periods. They lease 370sqm and 18 carbays. Rental is currently set on a gross basis at $374/sqm + GST giving a gross annual income of $138,495 + GST. The next rent review is due in July 2009 and thence annually to fixed increases of 5%.
Travel Success
Leased until May 2010 with a further option period of 3 years. They lease 80sqm and while no carbays are included in the lease document they have use of 3 carbays. Rental is currently set on a gross basis at $344/sqm + GST giving a gross annual rental of $27,535 + GST. The next annual review is due in July 2009 to CPI, however to market in July 2010 upon lease renewal.
The total gross rental from the property is therefore currently $166,030pa + GST.
A two storey office building constructed in the mid 1970’s. The premises are divided into six separate office areas with a combined lettable area of 450sqm. There are 21 carbays onsite.
The premises are fully leased to two separate tenants. Neither lease contains a redevelopment clause. The lease details are:
Egans
Leased until June 2012 with no further option periods. They lease 370sqm and 18 carbays. Rental is currently set on a gross basis at $374/sqm + GST giving a gross annual income of $138,495 + GST. The next rent review is due in July 2009 and thence annually to fixed increases of 5%.
Travel Success
Leased until May 2010 with a further option period of 3 years. They lease 80sqm and while no carbays are included in the lease document they have use of 3 carbays. Rental is currently set on a gross basis at $344/sqm + GST giving a gross annual rental of $27,535 + GST. The next annual review is due in July 2009 to CPI, however to market in July 2010 upon lease renewal.
The total gross rental from the property is therefore currently $166,030pa + GST.
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Property ID: 5451952Last Updated: 20 Jun 2013
0412 228 5...
22 Hardy Street
South Perth, WA 6151
Metway Real Estate - PerthGround Floor, 82 Beaufort Street
PERTH, WA 6000
PERTH, WA 6000
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