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68 Beechboro Road
Bayswater WA 6053
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Sold on 19 Sep 2022

68 Beechboro Road Bayswater WA 6053

  • Showrooms / Bulky Goods
  • 2,427 m²
  • Sold, $5,750,000

FULLY LEASED INVESTMENT | SPREAD OF INCOME

    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

    Property Highlights

    Date Sold19 Sep 2022
    Sold Price$5,750,000
    Floor Area2,427 m²
    Land Area5,504 m²
    ParkingAsk Agent
    Property ID2017834939
    Category
    Last updated  27 Sep 2022
    Map for 68 Beechboro Road Bayswater WA 6053

    Property Highlights

    Date Sold19 Sep 2022
    Sold Price$5,750,000
    Floor Area2,427 m²
    Land Area5,504 m²
    ParkingAsk Agent
    Property ID2017834939
    Category
    Last updated  27 Sep 2022
    Ground Floor, 12-14 The Esplanade Perth WA 6000

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