This is a unit located on a lot in 348/P222424 Fremantle WA. In the local government area Fremantle, it has 1 bedroom, 1 bathroom.
Brand New 10 Year Lease to Commonwealth Department - Blue chip lease to Commonwealth Department- Net Income: $460,000 net + GST + Outgoings- Zoned Mixed UseBurgess Rawson is pleased to offer for sale 11 Queen Victoria Street, Fremantle. Four combined strata titled lots with a total NLA of 926sqm*. The subject property is brand new and are sold in one parcel with a new 10 year lease to the Department of Human Services.11 Queen Victoria Street is located 15 kilometres* from the Perth CBD and one kilometre* east from the Fremantle city centre, other businesses surrounding the site include car yards, BP petrol station, Office Works, multiple retail premises and a large amount of residential development currently under construction.Total AreaLot 47 - Ground Floor, 340sqm & 3 parking baysLot 48 - Ground Floor, 305sqm & 2 parking baysLot 49 - Ground Floor, 114sqm + 29sqm Yard & 1 parking baysLot 50 - Ground Floor, 167sqm & 1 parking bayTotal: 926sqm*ZoningThe properties are zoned Mixed Use by the City of Fremantle.Goods and Services TaxThe properties are sold as 'Going Concern'.Lease SummaryIncome: $460,000 net + GST + OutgoingsInitial Term: 10 YearsOptions: 2x 4 Year OptionsRent Reviews: Fixed 3.5% Annual IncreasesFor further information or for a copy of the formal lease, please contact the Exclusive Selling Agent: Brian Neo.* Approx