Sub $1 Million Dollar Leased Investment

2/127 grandstand road, ascot wa

Price: $825,000 (GC)

  • Office/Warehouse 592sqm*
  • Leased until July 2019
  • Rent of $64,738pa net + GST

Property Details

- Office/Warehouse 592sqm*
- Leased until July 2019
- Rent of $64,738pa net + GST
- Established long term tenant

Burgess Rawson is pleased to the market For Sale Unit 2, 127 Grandstand Rd, Ascot. The property offers investors in the sub-million market a unique opportunity to purchase a fully leased investment with a long term tenant of around 8 years.

Located 8kms* from the Perth CBD a stones throw from Tonkin Highway and Great Eastern Highway and 4kms* from the Perth Airport the property is ideally located and set to benefit from the completion of the Perth Stadium and other substantial residential and commercial construction in the region.

Accommodation
The property comprises 158sqm* of office which adjoins 434sqm* of warehouse. The warehouse has direct roller door access.

Zoning
The City of Belmont has advised that the property is zoned “Mixed Business”.

Tenancy Information & Rent
For further information and a copy of the lease please contact the Selling Agent. The current rent is $64,738pa + GST + Outgoings.

Asking Price
$825,000 (Going Concern)

For further details please contact the Agent.

*Approx

Featured Details

Gross Building Area 592 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: WA011300

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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