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Description: Superbly located in the heart of Albany's business district, this modern commercial premises represents a smart, low-maintenance investment opportunity with a solid tenant in place and excellent returns.
Comprising 227sqm of versatile floor space, the property is part of a well-presented complex within easy reach of the CBD, York Street, and the city's key services.
Currently leased to respected employment and training providers, the premises generates a rental income of $46,620.72 + GST + outgoings, delivering a net return of approximately 6.66%. The lease is in place to 18 August 2027, with two further three-year renewal options available, potentially extending it until 2033, providing strong ongoing stability for investors.
The tenant is responsible for all outgoings, including council and water rates, taxes, insurance, strata fees and utilities – ensuring minimal overheads for the landlord. The lease consists of a mixture of CPI and market reviews.
The internal fit-out is modern and professional, with a well-considered layout that includes dedicated office spaces, open-plan work areas, meeting rooms, a staff kitchen, storeroom, and toilet facilities. Generous glazing at the front enhances natural light and creates a welcoming street presence for clients and staff alike.
A further advantage is the six on-site car bays allocated exclusively to the unit – a significant asset in this tightly held central location.
Built with low-maintenance functionality in mind, the strata-titled property is surrounded by other quality commercial tenancies, reinforcing its appeal within a thriving, established precinct.
Whether adding to an existing portfolio or stepping confidently into the commercial market, this is a rare opportunity to secure a well-leased, blue-chip investment with built-in stability and excellent prospects for capital growth.
What you need to know:
• Prime 227sqm commercial premises
• Central CBD location
• Lease to established tenant until August 2027 with two 3 year options
• Current rental: $46,620.72 + GST + outgoings (rates, taxes, strata fees, utilities)
• 6 allocated parking bays
• Modern fit-out with flexible layout
• Ideal for professional or service-based tenants
• Strata-titled in a well-presented complex
• Strong potential for future capital gain
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