Sterling Property, as Exclusive Agents, are pleased to present For Sale Commercial Suite 2, 18 Ogilvie Road, Mount Pleasant, a fully leased ground floor retail investment opportunity within the award-winning mixed-use development, Cirque Duet.
Currently tenanted by Two Minds Pty Ltd trading as Two Minds Coffee on a secure 5+5 year lease having commenced in September 2025, this brand-new modern retail unit offers the following investment highlights:
– 62sqm ground floor retail/commercial unit
– Current net passing rent of $30,000 plus GST plus outgoings
– 4% fixed annual rent reviews providing built in rental growth
– Exclusive use & license to occupy 1 car park space
– 5+5 year lease term commencing 14th September 2025
– Tenant responsible for all operating costs, rates and taxes
– 3-month bank guarantee in place as well as personal guarantee
– High foot traffic location below residential tower and close by to local businesses
– Ample customer & staff parking via public car parks within Cirque Duet & the Precinct
– Brand-new unit offering significant depreciation benefits
The Development:
Located in the heart of Mount Pleasant, Cirque Duet is a recently completed mixed-use development known for its elegant design, sustainable excellence, and resort-style amenities. Architecturally designed by award wining architect MJA Studio, the recently completed development comprises 93 luxury residences across 20-stories with two ground floor retail/commercial units.
The Location:
Situated on Ogilvie Road less than 150m to the Canning Highway intersection, the property well positioned within a thriving hub and situated in proximity to the following amenity:
– 250m to The Rowing Pavillion
– 450m to Raffles Hotel
– 550m to Woolworths Mount Pleasant
– 750m to Mitchell Freeway on-ramp
– 850m to Canning Bridge Station
– 1.2km to Deep Water Point Reserve
Statutory Outgoings (FY25/26):
Council Rates $1,496.23 pa
Water Rates $3,042.47 pa
Strata Levies $3,241.44 pa
Land Tax $185.03 pa
Total $7,965.17
For further information or to arrange an inspection, please contact the Exclusive Selling Agents Jack Bradshaw or Jake Wallman from Sterling Property.
