7/26 Charles Street South Perth, WA

LJ Hooker Commercial Perth are pleased to present to the market for Sale a superb leased investment opportunity located at 7/26 Charles Street, South Perth.

Suite 3.01 is a corner tenancy situated on Level 3 with excellent natural light and a modern fitout design, with it's North facing aspect allowing for exceptional CBD and river views. The sale includes the brand-new fit-out including workstations and features substantial depreciation benefits.

Leased to a prominent local developer on a brand new 4-year term commencing 1st February 2021, the 172sqm* office suite comprises 5 undercover secure car bays and is priced competitively at $1,170,000 (Going Concern).

With a significant amount of infrastructure and amenities currently being developed in South Perth, now is the perfect time to purchase a leased investment.

Key Features:
- Brand new 4-year lease with a further 4-year option.
- Net Income: $77,700 per annum plus GST.
- Lease Expiry: 31st January 2025.
- Fixed 3% annual increases.
- Substantial depreciation benefits.
- 5 undercover secure car bays.
- End of trip facilities.
- Architecturally designed by MJA Studio
- Excellent client parking.
- Direct access to major arterial roads & buses servicing the Perth CBD and metropolitan surrounds
- Excellent schools, medical, retail amenity, parks and lifestyle within walking distance

Location:
Situated at one of Perth's most sought-after addresses, 26 on Charles is only a few paces away from the Perth Zoo, a short walk to the river and a quick stroll to a fine selection of bars and restaurants along Mends Street. Located only 4km from the Perth CBD, 26 on Charles is a charming commercial space in a much more relaxed setting than your typical business district. Just 4km across the Swan River from the Perth CBD, 26 on Charles is adjacent to the Kwinana Freeway and has access to numerous public transport options.

Statutory Outgoings 21/22:
Council Rates: $3,098 * pa
Water Rates: $2,806* pa
Strata Levies: $4,752* pa
Total: $10,656* pa

For further information or to arrange an inspection, please contact the Exclusive Joint-Selling Agents Jake Wallman or Jack Bradshaw of LJ Hooker Commercial.
*Approx