NEWS

Innaloo office building leased to IT business goes to market

Secure lease and easy access to Westfield Innaloo to attract buyers.

A tenanted, 1058sqm office building that has Innaloo’s commercial centre on its doorstep has come to market through Colliers International.

Located at 374 Scarborough Beach Road, the two-storey office building is occupied by Sage Software which has three-and-a-half-years remaining on its lease.

The expression of interest campaign will be overseen by Colliers International Director Metropolitan Markets Nicholas Agapitos who said the secure lease to an established business would make the property an appealing investment.

“Self-managed superannuation funds, syndicates and private investors remain active in the commercial property market and are keen to secure buildings with income,” Mr Agapitos said.

The building is on a 1138sqm site and has an annual net income of $395,000.

It has dual street frontage with a boundary on Wotan Street that includes access to undercover parking for 21 vehicles.

Mr Agapitos said the property’s location also offered the convenience of a three-minute walk to the retail and community amenity at Westfield Innaloo, one of Perth’s major shopping centres.

374 Scarborough Beach road

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