Located in the heart of Northbridge, this near new office at 99-101 Francis Street is part of an attractive and modern office building.
It offers an outstanding opportunity to buy in a location due to benefit from the renewal of Northbridge. With the sinking of the railway now underway as part of the Perth City Link Project and Northbridge due link up with the Perth CBD, property prices in this area are sure to benefit.
With leases in the CBD tightening and rental rates due to increase, this will also put pressure on commercial property prices, so NOW is the time to consider buying.
As the existing owner has outgrown the size of this office, (but will leaseback for 2 years), it presents a great opportunity for an investor to buy now and take advantage of any price increase in the future, while receiving an excellent 9% return for the next 2 years ($140,000 plus outgoings).
Priced at only $5,600/sqm, this office represents excellent value for money.
Property Features Include:
274sqm + 6sqm balcony - Made up of 2 titles
Unit 2 comprises 154m2 Unit 3 comprises 120m2
Up to 4 car bays
Fully Partitioned (with offices, boardroom, reception area, open plan areas and kitchen)
Ducted Reverse Cycle Air-Conditioning
Carpets
High Ceilings
Data Cabling and Phone Lines
North facing offering plenty of natural light
Opposite a Public Car Park and close to the Free cat bus service
Close to cafes, bars, restaurants and all the amenities of Northbridge
