7/20 Kings Park Road,
West Perth, WA 6005

- Second floor strata office
- 351sqm partitioned plus 7 car bays
- Premium Kings Park Road address
- Partial leased investment

Improvements
Well located and presented second floor strata office suite. The property comprises of two sections. The front portion is 235sqm and is fully leased to Optika Solutions. The rear section comprises approximately 116sqm of fully partitioned office space leased until 30 June 2014.

Legal Description
Lot 7 on Strata Plan 11161 Certificate of Title Volume 2157 Folio 541.

Statutory Outgoings
Shire Rates $8,212.00
Water Rates TBA
Land Tax $2,245.00
Strata Levies TBA
Perth Parking Levy $5,100.00

Lease Details - Front Portion
Commencement Date 1 October 2013
Expiry Date 30 September 2016
Annual Rent $115,800pa + GST & outgoings
Bank Guarantee 3 months gross rental

Lease Details - Rear Portion
Lease Expiry Date 30 June 2014
Current Income $62,268pa + GST & outgoings

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

Asking Price
$2,200,000 (Going Concern)

For further details

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

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