43-47 Burswood Road,
Burswood, WA 6100
Offices • Development Sites & Land
Price information
Sale
$18,950,000 excluding GST
Key property information
Land area
Floor area
Car spaces
Property extent
NABERS
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Map of 43-47 Burswood Road
Train stations within 5 km of 43-47 Burswood Road, Burswood, WA 6100 Distance Victoria Park Station 1.1 km Burswood Station 1.2 km Perth Stadium Train Station 1.9 km Carlisle Station 2.4 km Claisebrook Station 2.7 km POWERED BY HERE ©Bus stops within 5 km of 43-47 Burswood Road, Burswood, WA 6100 Distance Craig St After Burswood Rd 106 m Canning Hwy Stand F 347 m Burswood Rd After Teddington Rd 350 m Albany Hwy Before Geddes St 369 m Shepperton Rd After Teddington Rd 389 m POWERED BY HERE ©
POWERED BY HERE ©
Leased Investment Yielding Over 8%
- Leased to Programmed until 2027
- Future Development Upside with DA
- Net Lettable Area of 4,461sqm*
Cygnet West are pleased to present to the market a compelling office investment with outstanding development potential.
43-47 Burswood Road combines a strong income profile, an in-demand near city location, value add potential and multiple exit strategies.
The majority of the asset is leased to Programmed, who have been in the building for many years and have recently renewed their term in the building.
The vendor has obtained development approval for a large-scale mixed-use building with 186 apartments that will enjoy park, river and city views.
Key Features include:
• Four-level modern office accommodation with circa 940sqm floor plates, high ceilings and natural light;
• 80% of income underpinned by high-quality longstanding tenant, Programmed, who have recently extended their lease to April 2027.
• Net income of approximately $1,556,245 per annum.
• 82 car bays on-site (1 per 54sqm of NLA) and ample parking surrounding the property.
• Strong ESG story with 5 Star NABERS Energy Rating.
• 4,666sqm landholding with future residential or BTR potential surrounded by parklands.
• Development Approval in place for 24,757sqm of GFA over 21 levels, which will benefit from views of the Swan River and the CBD skyline.
For more information, please contact our exclusive sales agents below.
43-47 Burswood Road combines a strong income profile, an in-demand near city location, value add potential and multiple exit strategies.
The majority of the asset is leased to Programmed, who have been in the building for many years and have recently renewed their term in the building.
The vendor has obtained development approval for a large-scale mixed-use building with 186 apartments that will enjoy park, river and city views.
Key Features include:
• Four-level modern office accommodation with circa 940sqm floor plates, high ceilings and natural light;
• 80% of income underpinned by high-quality longstanding tenant, Programmed, who have recently extended their lease to April 2027.
• Net income of approximately $1,556,245 per annum.
• 82 car bays on-site (1 per 54sqm of NLA) and ample parking surrounding the property.
• Strong ESG story with 5 Star NABERS Energy Rating.
• 4,666sqm landholding with future residential or BTR potential surrounded by parklands.
• Development Approval in place for 24,757sqm of GFA over 21 levels, which will benefit from views of the Swan River and the CBD skyline.
For more information, please contact our exclusive sales agents below.
Property ID: 504443448Last Updated: 2 Apr 2024
43-47 Burswood Road
Burswood, WA 6100
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
Cygnet West - PerthLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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