PROMINENT OFFICE LOCATION
McGees Property Perth are pleased to present to market Unit 9, 40 Lord Street, East Perth for sale.
This is a neat and tidy strata-titled office, occupying a prominent position fronting busy Lord Street, close to the corner of Wellington Street.
The parent development, known as “Wellington Fair”, comprises a total of 22 strata units, with most occupied as professional offices.
Unit 9 offers a lettable area (strata) totalling 91sqm, with an orientation that capitalises on exposure to vehicle and pedestrian traffic along Lord Street.
The location affords easy access to multiple public transport options, with bus routes along Wellington Street, Perth Underground Station only 1.2km away, and City of Perth Parking just 600 metres from the property.
On-site parking is available in the common area, accessed off Moore Street, with the sitting tenant granted a licence to use one (1) car bay.
The property is currently leased until January 2027, with a passing rent of $30,576 per annum net of GST and outgoings. The lease provides for annual increases of 3.5%.
This is a rare opportunity, showing a high initial yield, with the possibility of vacant possession if required.
For more information, please contact exclusive listing agent Alice Brydges 0415 799 723.
