UNIQUE LEASED INVESTMENT
Located 18km from the Perth CBD strategically positioned on the corner of Kelvin & Maddington Road, this property is home to two tenancies which provide good value for any landlord.
The main tenant has been trading on the property for over 20 years and because of the nature of their business, they are likely to be staying there for much longer. The other tenancy has been operating in the property for 2 years but is a stable business with a 6 year history in the area.
Features include:
| Sale Analysis | |
| Sale Price: | $1,300,000 + GST Sold as a Going Concern |
| Sale Date: | March 2022 |
| Site Area: | 2,409sqm* |
| Yield – Passing: | 5.3% |
| Vendor: | Private Investor |
| Purchaser: | Private Investor |
*Approximately
Jurien Bay Shopping Centre, 220 km north of the Perth CBD, has been bought by a local private investor for $8,950,000 reflecting an initial yield of 7.04 per cent on net passing income at the time of sale. The IGA anchored neighbourhood centre includes eight specialty shops on a 5,853sqm … Read more
A rare near-central development opportunity in Mandurah has been brought to market, with RWC WA launching an Expressions of Interest campaign for the vacant development site at Lot 402 Barracks Lane, Mandurah WA. Located within the Peel region, the 2,918sqm Strategic Centre–zoned landholding is one of the last remaining development … Read more