Leased Investment Opportunity
2/20 Signal Terrace, Cockburn Central WA
Burgess Rawson are pleased to present to the market for sale this commercial leased investment. The property comprises of 56sqm* ground floor office leased until September 2021 plus a further option until September 2024.
The net income is $22,056.28 plus GST with fixed 4% increases during the term and a market review at the end of the option. The property comes with 2 exclusive car bay, as well as communal restroom facilities. The property offers a modern office fit out. Walking distance to the Cockburn Train Station.
+ Leased until September 2021 plus options to 2024
+ Net income of $22,056.28pa + GST
+ Current Yield 7.23% pa
+ 56sqm* with 2 car bays
+ Leased Investment
+ Well located off the Cockburn Central Train Station
+ Ideal for Superfund
Total Area: 56sqm*
$22,056.28pa + GST
2 exclusive bay
Strata Levies: $730 per quarter*
Water Rates: $1,045pa*
Council Rates: $2,800pa*
Lot 132 on Strata Plan 63457 Volume 2810 Folio 432
Goods and Services Tax
The property will be sold as a Going Concern.
For further details please contact the exclusive selling agent Chris Tonich.