Fully Leased Eastern Office
McGees Property are pleased to present an opportunity scarcely available in the market at 1-5 Wakefield Street, Kent Town.
Located in the tightly held inner-eastern fringe, the asset provides a high standard of office accommodation over two-levels and spread across multiple tenancies, together with excellent on-site undercroft car parking provisions.
This fully leased building provides a combination of secured income with fixed annual increases and longer-term repositioning potential.
- 1,440 sqm* net lettable area
- 1,626 sqm* site area
- Estimated net income of $566,714 p.a.* excl GST
- Rare inner-eastern investment
- 52 on-site carparks
- 5.5 Star NABERS
For Sale with an Asking Price of $9,000,000 (6.3%* net return).
For further information or to arrange an inspection of 1-5 Wakefield Street, Kent Town, please contact the appointed agents.
RLA 1722
(*approx.)
Key highlights
- 1,440 sqm* NLA
- Estimated net income $566,714 p.a.*
- 5.5 Star NABERS
