Leased Investment – 6.6% Net Return

1/22 sphinx way, bibra lake wa

Price: $1,100,000 Going Concern

Property Details

- Hard to find leased investment.
- Best part of Bibra Lake.
- Long term lease.

Located in the new Phoenix Business Park this 708sqm* property was leased in 2014 on a 6 year lease until July 2020.
The property is well located with easy access to both North Lake and Stock Roads allowing easy access to Perth arterial road network.

- Current lease expires July 2020, annual CPI increases
- Current rent $71,184.21pa
- Strong return
- $16,500 security
- Tenant trading for over 20 years
- 3 phase power
- Rear yard
- Rare leased investment

For further information, please contact the agent.

Featured Details

Current Tenant Tenanted
Gross Building Area 708 sqm
Land Size 708 sqm

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

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