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Stonebridge is pleased to present Officeworks Subiaco (Perth) for sale via Expressions of Interest Closing Thursday 10 April at 3pm (AEST).

The asset has the following key investment features:

• Secured by a renewed 5 year net lease to 2027 + options to 2037 with favourable CPI annual rent increases up to 6% (min 3%)
• Officeworks Ltd – Wholly owned subsidiary of ASX Wesfarmers Ltd revenues of $44.2Bn & 171 stores
• Valuable 2,986 sqm* Centre Zoned corner site with triple street frontage offering 39 basement & at-grade car parks
• Longstanding Officeworks in occupation for 20+ years boasting an immaculate 2,079 sqm* building
• Prime retail location surrounded by national retailers Bunnings, Woolworths, Coles, McDonalds, KFC, Hungry Jacks, Dan Murphys and more
• Strategic city fringe location 2km* from Perth CBD, just off Thomas Street (47,738+ vehicles daily) and 335,000+ residents within a 15min drive time
• 300m* from major $1.1Bn+ ‘Subi East’ urban development set to provide 1,000+ new dwellings
• Subiaco – Prominent inner-city suburb adjoining Perth CBD and contributing to the cities booming $79.9Bn* economy
• Net Lease structure – tenant responsible for all usual outgoings including Land Tax
• Net Income - $665,962 pa*^+ GST

Officeworks Subiaco (Perth) is for sale via Expressions of Interest closing 10 April Thursday at 3pm (AEST).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately
^Estimated Net Income 24 June 2025