1-5 Wakefield Street, Kent Town
Asking Price: $9,000,000
overview
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116569
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Offices
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For Sale
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1439.7 sqm
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1626 sqm
Documents
Description
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.)
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.)