3/14 Ventnor Avenue,
West Perth, WA 6005

- Located on Ventnor Avenue in the heart of West Perth
- Professional strata office fit out
- Seven exclusive use car bays
- Strata area 262 sqm
- Excellent natural light
- Realistic rent $430/sqm
- Fixed 5% annual increases
- New 3 year term
- 8.2% net return on asking price

Lease Details
Lessee - Risk Management Technologies
Commencement Date - 1 October 2012
Term - 3 years plus two x 1 year options
Expiry - 30 September 2015
Total Current Income - $142,060 pa net
Outgoings - All usual outgoings are paid by the Lessee

Estimated Outgoings
Council Rates - $6,064.50 pa
Water Rates - $2,048.30 pa
Strata Levies - $34,400.00 pa
Reserve Levies - $1,500.00 pa
Land Tax - $730.25 pa

Strata Area
262 sqm with seven car bays.

Zoning
The City of Perth advise that property is zoned ‘Office/Residential' under its current Town
Planning Scheme.

Goods & Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.

Asking Price
$1,750,000 (GST Going Concern)

For further details

Brian Neo
0411 868 486
bneo@burgessrawson.com.au

Rob Selid
0412 198 2...
rselid@burgessrawson.com.au