LJ Hooker Commercial Perth is pleased to offer for sale this superb medical leased investment opportunity located in the very heart of Subiaco, amongst the lifestyle, atmosphere and entertainment.

Properties with a strong medical tenant covenant such as New Vision Centre rarely become available for sale.

Key Highlights:
Prime Subiaco Medical Offering
Leased Investment
Net Income: $96,000 pa + GST
New 3 year lease
199sqm* plus 4 car bays
Bank Guarantee
Zoned ‘Town Centre’
Adjoins a public car park and footsteps to Subiaco Train Station
Surrounded by amenity

Location:
Located on Roberts Road with ample street parking and adjoining a public car park, the property is located just five kilometres to the northwest of Perth’s city centre. The train station is footsteps from the property and is at the heart of Subiaco’s bustling town centre. By day, it’s one of Perth’s most vibrant districts with a friendly, cosmopolitan atmosphere. By night, Subiaco becomes a hub of activity with locals and visitors flocking to its restaurants, pubs and clubs and theatres.

Lease Information:
Lessee: Advanced Eye Surgery Pty Ltd
Lease Commencement Date: From settlement date
Lease Expiry: 3 years from settlement date
Option: 2 x 1 year
Net Income: $96,000 pa + GST
Outgoings: Payable by Lessee
Rent Reviews: Fixed throughout initial term and Market Review at option
Bank Guarantee: 2 month gross rent incl GST

Strata Area:
199sqm*

Car Bays:
2 tandem bays totalling 4 car bays

Zoning:
The property is zoned ‘Town Centre’ as advised by the City of Subiaco

Statutory Outgoings (21/22):
Council – $6,075.33 per annum
Water – $1,993.26 per annum
Strata Admin Levy – $1,466.72 per quarter
Strata Reserve Levy – $320 per quarter
Land Tax – $460 per annum

GST:
The property is sold as a going concern

Asking Price:
$1,650,000 (Going Concern)

For further information or to arrange an inspection, please contact the exclusive selling agents Jack Bradshaw and Brian Neo.

*Approx
(STCA) – Subject to Council Approval