74 McCoy Street,
Myaree, WA 6154

Warehouse, Factory & Industrial • Medical & Consulting • Offices

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 74 McCoy Street

Directions

SOLID SOUND INVESTMENT

Secure lease until 2021
Excellent capital growth
Future redevelopment potential

For Sale by Offers to Purchase closing Friday 5th December 2014 at 5.00pm WST (if not sold prior)

The key characteristics of the property include, but are not limited to:

- Located 11 kilometres* south-west of the Perth CBD
- Strategic land holding of 9,802sqm*
- Mixed Use zoning (Mixed Business frame)
- 75.44m* frontage to McCoy Street and frontage to Spargio Street and possible frontage to Blaike Street
- Improvements having a total area of 3,608sqm* NLA
- Being sold with a lease to Specialist Diagnostic Services Pty Ltd
- Low site coverage
- Secure covenant for over 5 years with options

*approx

The entire property is leased to Specialist Diagnostic Services Pty Ltd on a 10 year term commencing 1st May 2011 and expires on 30th April 2021 with two, five year options.
Primary Health Care is a guarantor to the lease.
Current net annual rental: $833,832.39 pa (review in May 2015)
Rent Reviews: annually to 3%
All normal outgoings are payable by the tenant.
NB: For full tenancy details and a copy of the lease please contact Geoff Fraser.

For further details contact Geoff Fraser on 0413 624 000.

Myaree, 6154 demographic data

The median household income for Myaree is $1,977, 6% higher than Greater Perth's household income of $1,865. Myaree has an older age profile compared to the rest of Greater Perth (median age 42 vs 37). Property ownership data shows 48% of property owners in Myaree have a mortgage.

2,105

Population

$1,977 per week

Median household income

42 years

Median age

Owners

Most residents

Families

Most households