Don’t miss this brilliant investment opportunity to purchase a fully leased property. A Full copy of the lease is available upon request.
The property comprises a two level strata unit with an area of 155m². The unit comprises office area on both levels, storage room and upstairs boardroom. It also provides for both toilet and kitchen amenities. The property is situated in a quality built development located within the tightly held commercial precinct of Willetton.
ZONING:
The subject property is zoned ‘Mixed Business’ under the ‘City of Canning’ Town Planning Scheme No. 40.
LEASE DETAILS:
Tenant: Australian Red Cross Society
Lease Term: 4 years (1st July 2012 - 30th June 2016)
Option periods: Nil
Passing Net Rental: $42,500 per annum
Rent Reviews:
1st July 2013 - Fixed 5% increase
1st July 2014 - Fixed 5% increase
1st July 2015 - Market rent review
For full details and inspection please contact the consulting agents.