159 Adelaide Terrace, East Perth WA, 6004

OFFERS INVITED

LEASED INVESTMENTS

A fantastic opportunity on offer giving any potential purchaser flexibility .

What is on offer?

Suites 3 – 11 which comprise all but two lots in the entire building situated on the corner of Adelaide Terrace and Bennett Street.

Suite 3

Located on the ground floor

Tenant – Globe 24-7 Pty Ltd

Tenancy Size – 349sqm

Lease Term – 4 years commencing on 01/07/2019

Option – 2 x 2 years

Total Current Rent - $129,350 per annum + GST and outgoings

SUITES 4, 5, 6, 7

Located on the first floor

Tenant – A&R Insurance Pty Ltd

Combined tenancy size – 624sqm

Lease Term – 7 years commencing on 01/07/2020

Option – 3 x 3 years

Total Current Rent - $130,223.04 + GST & outgoings

SUITES 8, 9, 10, 11

Located on the second floor

Tenant – Focus Mineral

Combined tenancy size – 623sqm

Lease Term – 3.5 years commencing on 01/10/2017

Option – 3 years

Total Current Rent - $200,826.83 + GST & outgoings

Abatement of rent currently in place

All strata lots come with varying numbers of car bays.

Any potential buyer has the flexibility in purchasing all Suites which are on offer or purchasing either Suite 3, Suites 4-7 or Suites 8-11 separately.

Location is fantastic & being situated on a corner, makes the building very prominent in terms of exposure.

Ease of access to the property & the close proximity all main arterial roads are a highlight.

For an information memorandum please contact:-

Alan Mijacika by email or on 0405702506.

Please note that all inspections are by appointment only & must be viewed after 3.30pm.

Directions

Listing Agent

Alan Mijacika

Commercial Director | Sales Leasing

Get In Touch With Alan Mijacika