Sold
Showrooms/Bulky Goods

1A/489 Nicholson Road Canning Vale, WA 6155

Sold on 27 Nov 2017
  • Building: 1,104m²
Agents

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Showrooms/Bulky Goods in Canning Vale

Three showrooms - Fully Leased!

  • Building: 1,104m²

Ray White Commercial (WA) presents the opportunity to own a wonderfully positioned Leased Investment of three showroom units along Nicholson Road in Canning Vale.

Lease Overview:

  • Fully Leased
  • Three separate tenants
  • Annual Rent Income: $184,260
  • 4-Year* WALE
  • Options up to 2027***

The property is being offered for Sale by EXPRESSION OF INTEREST
Closing Time/Date: 4PM AWST, 3 November 2017

At a total of 1,104*sqm, this property has three tenants, all local thriving businesses that have chosen to move their businesses to a location with good street exposure. These tenants are currently taking advantage of the high volume of traffic along Nicholson road with over 24,530** cars per day passing through.

Property Features:

  • Three Showrooms facing Nicholson Road
  • Ample Parking
  • Rear Roller Door Access
  • Mezzanine Area for Tenancy B & C

Area Distribution:
Tenant A - 271*sqm
Tenant B - 418*sqm
Tenant C - 415*sqm

For more information, please contact:
ENRIQUE REYES | enrique.reyes@raywhite.com | 0421 888 688
JOSH SUMNER | josh.sumner@raywhite.com | 0488 221 331

  • Approximately
  • *Based on Mainroads(WA) Traffic Digest 2013-14
  • **Applicable for Tenants B & C
Building:

1,104m²

Zone:

Light Industry

Categories:

Showrooms/Bulky Goods, Industrial/Warehouse, Offices

Investment Information

Tenancy Status:

Currently Vacant

Current Annual Nett Income:

$-29,100 *

Current Annual Other Outgoings:

$29,100 *

Current Annual Total Outgoings:

$29,100 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Council:

City of Gosnells

Title Scheme:

Strata Title

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

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