###SOLD###
Johnson Property Group Commercial are pleased to introduce 88 Lissiman Street, Gosnells-an irreplaceable investment opportunity, perfectly positioned in the central Gosnells business precinct. Just a short 200m stroll from the Gosnells Train Station, this well-maintained building is fully leased with well established, quality government and private tenants. This iconic freehold property provides investors with the opportunity to receive stable income from a well below replacement cost asset, located in a thriving and rapidly improving suburb.
Stand-alone 2,182m2 two storey high quality corporate accommodation with professional fit-outs. The building is mobility accessible with on-site ACROD parking and internal facilities. The building is energy efficient with a current NABERS rating of 5 stars.
Ground Floor: 956m2.
Fit-out consists of a mixture of large open plan area with multiple partitioned offices, extensive secure staff amenities including a large kitchen/break-out area. Separate customer waiting room and amenities are located at the front of the suite. The ground floor is accessed directly from the street.
First Floor: 1,226m2 with a net lettable area of 790m2.
Each tenancy is fitted out to the occupants' individual requirements. The secure tenant common area again contains extensive staff and amenities with a large kitchen / breakout area. Separate customer waiting rooms and amenities are located at the front of each suite. Entrance to the first floor via a separate street front entry, with elevator and stairs access.
Externally the property presents very well with 17 car bays including a 4-bay secure lookup garage and manicured gardens. Extensive street and a free parking area are located opposite.
This is a genuine opportunity to purchase by private treaty a unique, fully leased, 'set and forget' investment ideal for SMSF and long term private investors. This offering presents exceptional value in view of current replacement land and building costs and current yield.
Passing income: $$239,138 per annum Net
INSPECTIONS EACH WEDNESDAY BETWEEN 12-1PM ONLY
For further information and inspections contact Phil Farris 0411 333 550 and Michael Fuller of Johnson Property Group Commercial
The size of Gosnells is approximately 14.8 square kilometres. There are 54 parks, covering nearly 15.7% of the total area. The population of Gosnells in 2016 was 20293 people. By 2021 the population was 21149 showing a population growth of 4.2% in the area during that time. The predominant age group in Gosnells is 30-39 years. Households in Gosnells are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gosnells work in a trades occupation.In 2021, 64.30% of the homes in Gosnells were owner-occupied compared with 66.70% in 2016.
Gosnells has 9,806 properties. Over the last 5 years, Houses in Gosnells have seen a 146.22% increase in median value, while Units have seen a 148.35% increase. As at 31 July 2026:
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