7% Net Return - LEASED INVESTMENT - Stand alone office building

Ray White Commercial (WA) presents 21 Colray Avenue, Osborne Park for sale as a securely leased investment positioned on a Green Title 809sqm lot. This modern 421sqm two storey office building with generous parking includes a range of offices and open plan areas throughout with a large board room, kitchen/breakout area and outdoor courtyard entertaining area.

Lease Details
Tenant: Environmental Water Solutions
Net Rent: $105,250pa ($250/sqm)
Term: 2 years
Commencement: 1st October 2021
Options: 1 option for a 2-year period
Rent Reviews: 3.5% annual increase and Marker Reviews at option periods
Outgoings: Lessee responsible for all normal building outgoings
Bond; 6 month gross Bank Guarantee

Property Features:
• Open plan areas
• Offices
• Large boardroom
• Private kitchen
• Reception
• Private Shower facilities
• Outdoor courtyard/entertaining area
• Multi use
• Pre cabled ready for plug and play
• Alarm
• Signage Available

Tom Jones
Ray White Commercial (WA)
M: 0478 771 117
E: tom.jones@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

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