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Midvale Investment Opp Home / Midvale Investment Opp

$1,1000,000

$1,1000,000

$1,1000,000

The tenancy has a new lease in place with “WA Pool Warehouse” who are
an establish company with a number of outlets through out the
metropolitan area.

Lease Term: 3+5 year Commencing 1st June 2018
Rental : $64,400 net p.a = $140sqm
Outgoings: Currently estimated at $24,000 p.a = $53sqm

  • Price: $1,1000,000
  • Location: Lot 4-146, Gt. Eastern Hwy
  • Area: 460 sqm

General Features

EXECUTIVE SUMMARY

ADDRESS: Lot4-146 Great Eastern Highway, Midvale

STRATA AREA: Lot 4 - 460sqm

ZONING: A Planning officer at the Town of Swan has advised the property is zoned “ Highway Service ”

METHOD OF SALE: “PRIVATE TREATY”

PROPERTY: Showroom/Warehouse

LEASE TERM: 3 Years plus 5 years

Commencing 1st June 2018 expiring 31st May 2021

RENTAL: $64,400 Net p.a plus gst

RENT REVIEWS: Annually fixed at 3% with fair market at the option period

OUTGOINGS: All paid by the lessee currently at $24,000 p.a ($53sqm )
PURCHASE PRICE: $1,100,000 going concern

Contact Agent

Image
Brett Halvorson

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