G3/18 Ogilvie Road, Mount Pleasant, WA 6153

Sterling Property, as Exclusive Agents, are pleased to present For Sale Commercial Suite 3, 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 Street Eats Mt Pleasant Pty Ltd trading as ‘Street Eats Eatery – Mt Pleasant’ on a secure 8-year long-term lease having commenced in February 2026, this brand-new modern retail unit boasts a high end fit out and offers the following investment highlights: 

- 244sqm ground floor retail/commercial unit
- Current passing net rent of $124,401.45 pa plus GST
- 4% fixed annual rent reviews providing built in rental growth
- Exclusive use & license to occupy 1 car parking bay
- Secure 8-year lease term commencing 24 February 2026
- Tenant responsible for all operating costs, rates and taxes
- 3-month bank guarantee in place as well as personal & corporate 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 Tenant: Street Eats brings the world’s best street Food to Perth. Founder Ash Chibba’s passion for food began in the bustling markets of Mysore, India, and grew as he travelled the world, discovering local cuisines crafted by local hands. Now a trained chef, he brings those flavours to WA and currently operates five venues throughout Perth located in Yagan Square, Rockingham, Mount Hawthorn, Scarborough (food only) & Mount Pleasant, with the he first Street Eats restaurant opening in 2018.

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 

Estimated Statutory Outgoings (FY25/26)*:
Council Rates $9,885.29 pa 
Water Rates $1,541.01 pa 
Strata Levies $9,039.00 pa 
Land Tax $498.47 pa 
Total $20,963.77

*approx

For further information or to arrange an inspection, please contact the Exclusive Selling Agents Jack Bradshaw or Jake Wallman from Sterling Property