I'm pleased to present this rare opportunity to get into the commercial investment market with this excellent property.
Located on Rockingham's main business precinct Dixon Rd 2/35 Dixon Rd has been tenanted by the same Locksmith Company since 1986.
They are now 1 year into there recently renewed 5 year option with 3 more 5 year options on the current lease.
With annual rent increases and currently showing over a 7% ROI its represents outstanding value.
The property has just had a complete re - roof and new front facade which has given its street scape a fresh new feel.
The property consists of
263m2 Land
188m2 Building
• Note the current tenant leases Unit 2 & 3. Only unit 2 is For Sale and rents and returns are based only on Unit 2. Signage photo is a new concept and currently under way for the new facade.
This property won't last so for a viewing or more information please call Rob McGavin.
