1/41 St. Georges Terrace,
Perth, WA 6000
$1,595,000 (Going Concern)
Key property information
to arrange a private inspection.
Map of 1/41 St. Georges Terrace
Train stations within 5 km of 1/41 St. Georges Terrace, Perth, WA 6000 Distance Elizabeth Quay Railway Station 325 m Perth Station 475 m Perth Underground Railway Station 488 m Perth Stn Transwa Rail Perth 516 m McIver Station 774 mPOWERED BY HERE © Bus stops within 5 km of 1/41 St. Georges Terrace, Perth, WA 6000 Distance Hay St Town Hall East Red CAT 8 190 m St Georges Tce Stand A-F (After William St) 207 m St Georges Tce Stand R S (After Irwin St) 236 m St Georges Tce Stand Nop (Before William St) 241 m Kings Perth Hotel Pierstreet and Hay Street 329 mPOWERED BY HERE ©
Highly Coveted St Georges Terrace Office
- Prestigious location
- Exclusive signage rights
- Suits owner-occupier or investor
Unique being 1 of only 11 strata titled offices offering a St Georges Terrace address, the property also benefits from prominent exclusive signage rights. Refurbished throughout, the office will sit comfortably in the rich St Georges Terrace setting that defines the precinct.
The property is being sold as a Going Concern as it is currently leased till 14th November 2020 with a current net income of $116,985 per annum + GST. This equates to a passing yield of 7.33% pa. The tenant has vacated and waived their option to extend. Full makegood provisions apply to the lease This is ideally suited to owner-occupiers and investors alike looking to capitalise on the low-interest rate environment.
The property comprises 248sqm* across ground floor and mezzanine and enjoys 1 exclusive use undercover secure car bay. The tenancy includes an excellent frontage / entry statement, waiting areas, reception, boardroom, partitioned offices, two large open plan areas, printer / admin area and private kitchen.
The building has recently undergone a complete refurbishment including new floor by floor air conditioning systems, new lobby finishes, new lifts, upgraded toilet facilities, a new fire & electrical system and new security system.
• High quality fitout
• Prime location
• Exclusive signage rights on St Georges Terrace
• Footsteps from Elizabeth Quay, the State Buildings
• Walking distance to public transport and amenities
• Building refurbished
The building occupies a prime position on the southern side of St Georges Terrace and provides immediate access to Elizabeth Quay, the Supreme Court Gardens and the State Buildings. Surrounded by everything including public transport, restaurants, bars, hotels and Perth's retail malls.
Undercover Secure Car Bays:
$1,595,000 (Going Concern)
Statutory Outgoings 20/21:
Council Rates: $7,561.60 pa
Water Rates: $1,638 pa
Strata Levies: $20,486 pa
Special Levy: $4,772 pa (exclusive use signage)
Goods and Services Tax:
The Sellers are registered for GST and the property will be sold as a 'Going Concern'.
‘City Centre’ under City of Perth Town Planning Scheme No. 2.
For access to the Information Memorandum, to book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agent Jack Bradshaw (0439 095 336).
Property ID: 503573766Last Updated: 13 Jul 2020