(08) 9321 2770

7.5% ROI^ Fully Leased CBD Fringe Investment


Axia Corporate Property together with Northbridge Sales and Leasing are pleased to present Unit 3, Level 1, 99 – 101 Francis Street, Northbridge for Sale by Private Treaty.

The arrival of the property to the market, represents a superb opportunity to acquire an immaculately presented and a fully leased office suite in the Perth CBD fringe, where very few office opportunities exist, in the sub $1M price range.

More specially, the property is situated within a modern and impeccably maintained four (4) level office complex, superbly located within the heart of arguably, one of Western Australia’s most vibrant and high amenity precincts.

Whilst investment highlights are numerous they include:
– Brand New four (4) year leaseback as at settlement, to long standing occupier
– Programmed rental reviews
– Four (4) month bank guarantee
– Substantially fitted premise, configured in a combination of glass partitioned offices, boardroom and open plan layout.
– Private north facing balcony
– High end common amenities to each level including end of trip facilities
– Exclusive secure undercover car bay
– Attractive street presence
– Located directly across from City of Perth car park
– Excellent proximity and accessibility to major transport networks such as Perth Train station, Perth Bus terminal, CAT bus route and major thoroughfares such as Mitchel Freeway and Graham Farmer Freeway.

Leaseback rental details:
– New four (4) year lease plus three (3) year option
– Rental $42,000pa plus GST and outgoings
– Reviews 3% annually with market at option
– Tenant pays all outgoings including management

Investors seeking a low maintenance, well leased and highly presentable asset within walking distance of Perth CBD, need look no further than Unit 3, 99 – 101 Francis Street, Northbridge.

For further information please contact Franco Gangemi on 0418 930 504.

^Based on $559,000 purchase price

Address:Unit 3, 99 - 101 Francis Street
Square Feet:152sqm
Garage:1 car bay
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