NOW $725,000!

Prime location - first class building!

Canning Bridge's vibrant Business Precinct provides the perfect setting for this versatile 163m2 ground floor leased investment (total area 243m2 inc 5 car bays & store) perfectly positioned within Norup + Wilson's “The Precinct” Development.

Currently returning $41,736.24 plus GST and OG's PA (Rent $37,917.00 and car bays $3,819.24)

Securely leased until 31/12/2024, with an option for a further 3 year term.

Zoned “Centre” - Under Canning Bridge Activity Centre Plan. With preferred Land Uses being Hospitality, Office/Consulting, retail or Educational (STCA) the property also offers 5 secure car spaces.

This location means business - there is a rapidly expanding residential population, excellent proximity to public transport, main arterial roads and the freeway system, whilst the CBD is only several light changes away. Surrounded by popular hospitality venues and within walking distance of the foreshore.

Inc: a large open plan showroom/office, utility area with services, a second office/meeting room/boardroom, an IT room and bathroom with disabled facilities.

OUTGOINGS (paid by the Lessee under the Lease terms)
City of Melville: $5755.47
Water Corporation: $929.51 pa
Strata: $5967.40 pa
Management Fees: approx $4,000 PA

All figures ex GST

For further information or to inspect, call today.

Detailed IM available

Terms: Deposit of $35,000, balance 30/60 days (sold as a going concern subject to the existing tenancy)