SOLID INVESTMENT RETURNS
81 Proudlove Parade
ALBANY, WA 6330
Located in the heart of the foreshore, this modern community of offices that provide shopfront spaces for entrepreneurial ventures that fit somewhere between “home business” and “major employer.
Unit number 7 within the two level combined office and residential precinct offers an affordable and unique investment with future potential for growth of your own home business.
Set far enough away from the sometimes chaos of York Street, the office space is afforded the convenience of plenty of available parking space for users in the generous and rarely full carpark that is tucked away behind UWA university campus.
This not only means that your clientele don’t have to struggle finding a park, but that traffic noise for workers inside is significantly lower than other CBD offices.
The complex itself is a neat and modern that will age elegantly.
The office is introduced via double doors with vertical blinds, a big window frontage bringing natural light and exposure for the tenants chosen signage.
Inside, the space is a carpeted blank canvas, potential divisions are endless and the space currently showcases a foyer/meeting area, divided from the main “down to business” working area via a series of bookshelves. The far back corner houses a kitchenette cabinet and sink, perfect for morning coffees and an office microwave and fridge. Finally, a rear staff entrance door is available for convenience.
The office is currently leased at $8,245.20 per annum by a good tenant, with two further one year options.
For investors, it is a simple and smart space with a 6% return on a minimal investment.
For those currently developing a small business, you can purchase now with a view to expanding into the space in a couple of years, adding your creativity to create a functional and dynamic workplace in the heart of the city.
What you should know:
– Simple, versatile office space.
– Staff entrance, kitchenette facilities.
– Tenanted to 2018 with further options.
– Dynamic foreshore precinct- Convenient parking.
– $8,245.20 per annum income.
– 2017/2018 Water Rates $834.69.
– 2018/2019 City of Albany Rates $1,161.74.
Property Type: Commercial