Property ID: 9296256
Showroom / Office with Warehouse plus enclosed yard area
Leased Investment Long Standing Tenant 7%* Return on asking price with solid period remaining on Lease
> Strata Area: 532sqm
> Building Area: 391sqm
> Rear Yard area of 50sqm*
> 5 Allocated car bays
> Roller door access to warehouseor further parking (6th) bay
> Visitor parking onsite
> Fitted out in 2010
> Balance of 2 years on Lease
> Tenant been in occupation since 2010
> Iconic Development Balcatta Junction
> Next to Bunnings Balcatta
> Signage & Exposure
> Ground Floor Property
> Approx. Net Returns 7%
Commenced 1st September 2015
Expires 31st August 2018
Tenant has been in occupation since 1st Sept 2010 (served initial 5 year term)
$64,641.31 p.a. plus GST
$22,292 p.a. plus GST
Paid by Lessee
Personal Guarantees given
Annually: The Greater of Market / Fixed 3% / CPI
FOR SALE: $925,000 (sold going concern for GST purposes)
For more information or to arrange a viewing please contact the sales agents.
|Building / Floor Area||391 sqm|
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