• For Sale
  • Office
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
High Exposure Office Building Leased until 2025
Colliers International are pleased to present to the market 374 Scarborough Beach Road, Innaloo.

FEATURES

- Net Lettable Area: 959* sqm approx.
- Long term tenant on a new 5 year lease
- Potential for 6 storey development STCA
- Exposure to high traffic arterial road

THE OPPORTUNITY
Opportunity to secure a prime positioned suburban office building 100% leased to a single tenant on a new five year lease.

THE LOCATION
The dual street frontage site (Scarborough Beach Road and Woton Street) has been identified as the Western Gateway to the Stirling City Centre and offers excellent exposure to this high traffic corridor.

IMPROVEMENTS
Well presented, two storey suburban commercial office building. The building had significant works completed to accommodate the current sitting tenant Sage, who have been the sole occupant of the building since construction. Fit out was completed in 2016.

LAND DETAILS
Frontage to Scarborough Beach Road: 27.58 metres
Total land area: 1,138 sqm approx.
Zoned for ‘Development’ with potential for six storey mixed-use building STCA.

TENANCY
The building is fully tenanted by London Stock Exchange listed tenant Micro Pay Pty Ltd, trading as Sage Software.
Net income: $272,173.80 per annum.

NABERS RATING
4 Star

ASKING PRICE
Offers Invited.

Please refer to Henry Vu or Tory Packer for further information.

Property Details