The property represents a rare commercial opportunity to gain exposure to the vibrant and tightly held Beaufort Street Precinct.
With a secure lease in place, this opportunity will appeal to a wide range of astute investors seeking to re-balance their portfolios with a solid-yielding commercial property investment in a thriving commercial hub.
The property is well located within the Beaufort Street Precinct with close proximity to well-established businesses including the Inglewood Hotel, the recently completed Woolworths and Aldi Shopping Centre Developments as well as cafes, eateries and boutiques.
Sales Price:
$450,000 (no GST).
Legal Description:
Lot 33 on Strata Plan 50102, Certificate of Title Volume 2631, Folio 133.
Area:
Floor Area: 61sqm; Car Bay: 13sqm; Total: 74 sqm.
Zoning/Use
"Mixed Use" as per City of Stirling Local Planning Scheme No.3; Multiple uses including office, consulting, medial, restaurant or personal care services STCA. The subject property is within the Heritage Protection Special Control Area.
Tenure Type:
Current Lease Expiry: 24/01/2022;
Additional Option Expiry: 24/01/2024
Rental (Gross - approx.): $35,958 pa.
Car Parking:
1 x secure car bay
Outgoings:
Actuals FY2020/21:
Council Rates: $1,360 pa; Water Rates: $1,452 pa; & Strata Levies: $1,952 pa.
Goods and Service Tax:
The above figures are quoted exclusive of GST.
