OVERVIEW

Prime High Profile Corner Investment

Cushman & Wakefield is pleased to present 803 Wellington Street, West Perth for sale as a fully leased investment prominently located on the corner of Wellington & Coolgardie Street. Long term tenants MKDC Design Consultants have over 3 years remaining on their lease until 30th June 2026 with a further 3-year renewal option providing a current net income of $216,938 with fixed 3% increases. 

- 577sqm freehold building

- Fully leased 3+3-year term

- Superb fit-out & secure parking

The 590sqm site features a 577sqm single storey building boasting a high-quality fit out with an abundance of natural light, a very functional layout and four internal carparks. The property offers tremendous signage exposure within walking distance to the core CBD and heart of West Perth with convenience to transport networks and the freeway network.  

The commercial zoning provides flexibility of use with future development potential with a 3:1 plot ratio and a 21m height limit.

Property Highlights Include:

- High exposure corner site

- Quality well-appointed office

- Net income: $216,938 p/a 

- 3+3-year term, 3% fixed reviews 

- 4 secure internal carparks 

- Abundance of natural light

- Future development potential

- Zoned Commercial, 3:1 plot ratio, 21m height limit

- Adjacent public car park and popular ‘Gordon Street Garage’ café & restaurant

For Sale by 'Private Treaty'.

For further information or to arrange an inspection please contact Ben Younger of Cushman & Wakefield.

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