Leased to National Tenant

262 kalamunda road, maida vale

Price: $2,350,000 (GC)

Property Details

- Fully leased to Woolworths.
- New 5 year option exercised.
- Current net income $142,272 pa net.
- Land area 1,899sqm.
- Improvements 450sqm.
- Leased until December 2021 plus options to 2031.

Introduction
Fully leased to a single national tenant is this easy care liquor store investment. A long trading liquor store, the Lessee’s have exercised a new 5 year term until December 2021 with options until December 2031.

Location
The property is located in Maida Vale approximately 23 kilometres by road from the Perth CBD. Situated on busy Kalamunda Road approximately 120 metres from the corner of Gooseberry Hill Road.

Title Details
Lot 16 on Diagram 4401 Certificate of Title Volume 1633 Folio 395.

Land Area
1,899sqm

Building Area
450sqm*

Zoning
The land is zoned 'Mixed Use' by the Shire of Kalamunda.

Current Income
The property is leased to Woolworths Limited and has a net rent of $142,272 pa.

Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.

*Approx

Featured Details

Leased Date 21/03/2017
Current Tenant Tenanted
Gross Building Area 450 sqm
Land Size 1,889 sqm
Rent Period Annually

Property Enquiry

Thank you for showing interest in us.

Contact Details

Office Details

Level 10, 225 St Georges Terrace Perth WA 6000

T 08 9288 0288 E perth@burgessrawson.com.au

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