Rocky Bay Inc, 14 Resolution Drive,
Ascot, WA 6104
Key property information
Map of Rocky Bay Inc, 14 Resolution Drive
Inner City Freehold Corner Investment in Thriving Inner-Perth Location
- Renewed 3 Year Lease
- Annual CPI Reviews
- Strategic Metro Locality
The property has the following investment highlights:
+ Renewed 3 year lease plus option to 2028
+ Rocky Bay Inc: leading disability service provider in WA, with 94% of revenue funded by the State & Federal Governments including grants.
+ Major 2,070sqm* corner site with easy access to Great Eastern Highway, servicing 56,600+ vehicles passing daily.***
+ Modern 694sqm* building with 28 car parking spaces lined and sealed on-title.
+ Landlord preferred, net lease terms with tenant paying all outgoings.
+ Favorable CPI rent reviews annually.
+ Surrounded by important social infrastructure, including Perth Airport and DFO Perth, boasting 113 specialty stores, and 1,500 car parking spaces, attracting 1.6 million visitors annually.**
+ Ascot: affluent south-eastern metro suburb with median house prices 48% higher than Perth’s.****
+ City of Belmont: fast-growing metro municipality forecast to surge 42% by 2041.*****
+ Net Income: $128,998 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am AEST Wednesday 26 October 2022
Crown Casino, Melbourne VIC
Property ID: 504168655Last Updated: 1 Aug 2023