SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Leased Investment Opportunity

2/20 Signal Terrace, Cockburn Central WA

Property Highlights

Leased to September 2021
Net income 22,056.28pa
Current Yield 7.23% pa

Description

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.

Features
+ 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*

Net Income
$22,056.28pa + GST

Car Bays
2 exclusive bay

Statutory Outgoings
Strata Levies: $730 per quarter*
Water Rates: $1,045pa*
Council Rates: $2,800pa*

Land Details
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.

* Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
56 SQM

Price

$289,000 (GST Going Concern)

Contact Agent

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