Level 7, 239 Adelaide Terrace
Strata Offices Lot 33 & 230
Selling price less than Valuation!
These two strata title Lots are located on Level 7 at 239 Adelaide terrace Perth known as GHD House.
The building is strata titled with the existing tenant leasing the whole building. There are no inter tenancy walls in place separating the numerous strata lots.
The survey strata plan will show the strata lots on each floor.
Lot 33 – 84sqm – 1 undercover bay
Lot 230 – 96sqm – 1 undercover bay
Total Strata Area
Lot 33 – 97sqm
Lot 230 –111sqm
The 8 Level Commercial office building is located in the Perth Central Business District, more specifically on the southern side of Adelaide terrace overlooking the swan river.
Langley park, Perth Concert Hall, Stirling Gardens, Council house are in close proximity to the office complex.
Bus links are in front of the offices with good access to the major roads and freeway systems
An Estate in fee simple being:
Strata Lots 33 Vol 2228 Folio 633
Strata Lot 230 Vol 2752 Folio 345
From our discussions with a Town Planner with the City of Perth we have been advised the zoning is Office/Residential MRS - Central City Area
All normal services are available and connected to the property
The strata units are subject to part of a lease agreement over the entire 239 Adelaide terrace to GHD Services Pty Ltd. Such lease agreement expires on the 30th September 2015 with the tenant vacating.
The existing office rental is $638sqm net p.a with the
undercover bay is $577.50 pcm
The current rentals for offices are $470sqm -$500 sqm net p.a with the undercover bays are $450 -$690 per bay pcm
We believe that lot 33 is used as part open plan office and part lunch room for level 7.
Lot 230 is partly portioned in to an office and open plan area fronting the river.
The valuation acknowledges the outgoings recover is $150sqm
The Minutes from the February 2015 Annual General Meeting of the owners of Strata Plan 45261 formspart of this report.
I976790 – Lease to GHD Services Pty Ltd
J595879 – Acknowledging the owners on the title
L061015 – Mortage to IMB Ltd
The strata offices where valued in October 2014 and is available upon request.
The sellers are selling these two offices for below the valuation to effect a quick sale.
The selling prices offered today are fair less then the listed selling price at 239 Adelaide terrace or elsewhere in the Perth CBD.
Take advantage of this outstanding opportunity
To discuss the opportunities and inspect call
Brett - 0414 753 23 - 08 9246 546