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28 Market St 2,007 SF Office Building Perth PH1 5QH $335,188 CAD ($167.01 CAD/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Refurbished modern office.
  • Ground floor accommodation with disabled access and disabled toilet facilities.
  • Conveniently located nearby amenities such as Thimblerow Car Park, Perth High Street and St Catherine’s Retails Park.
  • Offers over £180,000.
  • Underfloor heating.
  • Modern kitchen and toilets area.
  • Ideal SIPP purchase/investment.

EXECUTIVE SUMMARY

Located on the edge of Perth City Centre on the corner of Market Street and Milne Street a short distance from Perth High Street and Thimblerow Car Park with 207 public car spaces available Extensively Refurbished Office Offer Over £180k The property comprises an office that has been significantly upgraded and modernised over the past 10 years. Internally the property comprises a mix of cellular offices with modern toilets & kitchen. There are three entrances into the property from both Market Street and Milne Street. It may be possible to sub-divide the property. Heating is a mix of electric underfloor combined with localised electric heaters. Lighting is predominately ceiling mounted fluorescent fittings. The walls are all freshly painted and carpets in good condition. Windows are predominately double glazed Refurbished modern office.
Ground floor accommodation with disabled access and disabled toilet facilities.
Conveniently located nearby amenities such as Thimblerow Car Park, Perth High Street and St Catherine’s Retails Park.
We have measured the accommodation to have a Net Internal Area of approximately 186.52 sq m (2,007 sq ft) all over ground floor.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
2,007 SF
Building Class
C
Year Built
1940
Price
$335,188 CAD
Price Per SF
$167.01 CAD
Cap Rate
10%
NOI
$33,519 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,007 SF
Building FAR
0.91
Lot Size
0.05 AC

AMENITIES

  • Kitchen
  • Central Heating
  • Demised WC facilities
  • Listing ID: 29917410

  • Date on Market: 2023-10-30

  • Last Updated:

  • Address: 28 Market St, Perth PH1 5QH

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