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  • Affordable office opportunity in prime Herdsman Business Precinct

Affordable office opportunity in prime Herdsman Business Precinct

21 April 2016
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April 22, 2016 –  A premium office property in Osborne Park has been listed for sale, offering an exceptional investment opportunity to acquire a footprint in the premier Herdsman Business Precinct.

Michael Milne and Kate Foley of CBRE have been appointed to sell two adjacent strata offices at 24 Walters Drive, both situated on the first-floor and together providing 376sqm of space, and 13 car parking bays. 

The offices offer flexibility to a range of end users, with suite six offering 173sqm office accommodation, and suite seven comprising 203sqm of partitioned and furnished high spec space. 

The properties, which are situated within a two storey, well maintained and tightly held complex, are well located in an established, high amenity commercial precinct next door to the new Dome Café.

Mr Milne said the property benefitted from an established location in the heart of the highly sought after Herdsman Business Precinct.

“This property is well positioned, with Walters Drive being the main thoroughfare in a commercial precinct that has witnessed rapid corporate office expansion in recent years - primarily due to its strategic positioning and favourable planning,” Mr Milne said.

“The Osborne Park corporate office precinct is serviced by a range of amenities and direct connectivity to arterial roads, bus and train infrastructure, providing convenient access to the Perth CBD and all freeway networks.”  

Ms Foley added: “The properties’ position in a tightly held boutique complex, combined with low outgoings costs, present an exceptional opportunity for buyers to acquire modern, affordable commercial accommodation with a functional fit-out and a generous ratio of car parking bays.”

“We expect these properties to attract the interest of astute owner occupiers looking to take advantage of the sustained low interest rate environment, primarily through the use of their self-managed superfunds,” Ms Foley said.

The property is being offered for sale with vacant possession.

 

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than  400 offices (excluding affiliates) worldwide.  CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.  Please visit our website at www.cbre.com.

 

 

 

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