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573 Canning Hwy 10,409 SF 100% Leased Office Building ALFRED COVE, WA 6154 For Sale
Investment Highlights
- High-traffic location on Canning Highway offering strong exposure.
- Zoning under C4 Central Zone (R40/60) supports future mixed-use redevelopment.
- Three-storey commercial office building comprising 15 flexible suites.
Executive Summary
This is a rare opportunity to acquire a high-exposure commercial office property strategically located along Canning Highway in Alfred Cove. The asset comprises a versatile three-story building with 15 lettable office units, modern amenities, and a newly installed passenger lift. The property provides strong immediate holding income through an established tenancy structure and a 20-year antenna lease to Telstra and Optus producing approximately $100,000 annually with CPI-linked increments. The site benefits from exceptional visibility to over 45,000 vehicles daily and excellent public transport connectivity. Immediate income, robust location fundamentals, and redevelopment upside combine to make this property an attractive long-term acquisition in one of Perth’s tightly held corridors.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
10,409 SF
Building Class
B
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,470 SF
Building FAR
0.68
Lot Size
0.35 AC
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573 Canning Hwy
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