Overview

This commercial property located at 154 Railway Parade, QUEENS PARK, WA 6107, presents an exceptional opportunity for investors. Strategically positioned directly opposite the newly constructed Queens Park Train Station, this property offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prime location.

The property encompasses a total land area of 145 square meters, with approximately 113 square meters of functional commercial space. It is complemented by two dedicated car parking bays and a separate storage room of 4 square meters. The layout is designed to accommodate various professional, educational, or consulting uses, ensuring a practical and efficient working environment.

Currently, the property is tenanted by a long-standing occupant, Kumon, who has expressed a strong desire to continue their lease. This arrangement provides immediate holding income and future leasing flexibility for the new owner. The property’s proximity to Albany Highway and surrounding retail amenities, along with excellent public transport access, enhances its appeal as a quality commercial asset in a rapidly evolving inner-south eastern location.

Outgoings for the property are approximately as follows:

• Council Rates: $3,498.38 per annum
• Water Rates: $1,164 per annum
• Strata Levies (Admin & Reserve): $1,227.51 per quarter

This property is a rare opportunity to secure a well-located commercial investment within a tightly held precinct. For further information or to arrange a viewing, please contact the agents.

Location