1 Preston Street, Como, WA, 6152

Blue Chip Investment Opportunity in the Heart of Como

• 100% Fully Leased

• Exceptional Tenant Mix with a Robust Income

• Secure carpark with 97 bays

Belle Property Commercial Perth as exclusive selling agents are pleased to present 1 Preston Street, Como For Sale via Expressions of Interest Campaign Closing 5pm (AWST) Wednesday 16th April 2025

1 Preston Street, Como, presents an exceptional opportunity to secure a high-quality commercial asset in a prime riverside location. This four-level office building boasts a strong tenant profile anchored by the Minister for Works and DFES. The building offers modern amenities, and stunning Swan River views, making it a standout investment.

Strategically positioned near Kwinana Freeway, Canning Highway and Canning Bridge Train Station, this location ensures seamless connectivity while also offering proximity to local amenities such as Preston Street Shopping Centre (Como Centre) and Karalee tavern. The building offers end-of-trip facilities, a high allocation of car bays and exclusive use balconies on Levels 2 and 3 with panoramic views of the city and river.

Key Features:

• 100% Leased

• 2,505.45sqm NLA

• Net Income: $919,850.10 + GST p.a.

• Car Bays: 97 secure bays

• Highly desirable riverside location

• Zoning: R-AC3 Neighbourhood Centre (City of South Perth)

• Ground floor Medical, Levels 1-3 Office

• End of Trip Facilities

• Proximity to Canning Highway, Kwinana Freeway, Canning Bridge Train Station and South Perth Foreshore and Ferry Terminal

• This is a rare chance to secure a blue-chip commercial asset in the heart of Como with secure rental income and long-term growth potential.

Tenant Mix:

Ground Floor: Centre for Oral Medicine & Gilkison Group

Level 1: Specialist Financial Solutions & Jord Energy

Level 2: Department of Fire & Emergency Services

Level 3: Minister for Works

Sale Process:

The property is being sold via a 6 week "Expressions of Interest" campaign closing 5pm (AWST) Wednesday, 16th April 2025. The Information Memorandum is available on request. The Seller reserves the right to accept an offer prior to the campaign closing. Leases, plans and general property information can be accessed via RESO where we encourage interested parties to follow the link and register their offers via the portal.

For more information or to arrange an inspection, please contact the exclusive selling agents below:

Tom Jacob – 0483 038 690 – [email protected]

Brent Griffiths – 0402 609 126 – [email protected]

Arlo Walker – 0406 742 504 – [email protected]

Remember to mention you found this property on CommercialReady