Ray White Commercial (WA) is pleased to exclusively present 68-70 Beechboro Road and 102-106 Clavering Road, Bayswater for sale.
A rare opportunity to secure a prominently positioned FULLY LEASED showroom/bulky goods complex with diversified income. Currently, three of the four tenancies are leased on strong lease covenants. Tenancy 4 (Wicca & Wolves) is currently paying outgoings only until Jan 2023 at which stage the ROI can be improved upon, subject to negotiation.
The Bayswater Industrial Estate has become a significant business and industrial hub. It has immediate access to Railway Parade, Collier Road, Guildford Road and Tonkin Highway providing direct links to Perth Domestic and International Airports, Reid Highway and the Great Eastern Highway. From Bayswater, you can be in the Perth CBD and Kewdale Freight Terminal in under 15 minutes* and Fremantle Port in 30 minutes*.
Features Include:
• Land - 5,504sqm
• Building - 2,427sqm split over four tenancies
• Tenants - Lollipops, Plus fitness, Pet Fresh and Wicca & Wolves Pooch Day Spa
• Passing rent - $327,224pa + Outgoings + GST
• Potential rent post January 2023 - $390,000pa* + Outgoings + GST
• Two separate titles, potential to be sold separate in future.
• Lollipop's & Plus Fitness been in occupation since 2015
• Circa 2014 construction
For further information or to arrange an inspection please contact:
Lachlan Burrows
Ray White Commercial (WA)
Mobile: 0499 552 296
Email: lachlan.burrows@raywhite.com
Tom Jones
Ray White Commercial (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com
*Approximate