A small price to pay for a commercial freehold building at the busy 'night-life end' of Northam's main street.
The land is 219m2 in area zoned Town Centre by the Shire of Northam and has rear street access to Minson Avenue, the street running parallel to the Avon River, with ample public car parking, beautiful Bernard Park and its music sound shell and, not too far away, Rivers Edge Cafe.
The building is one of Northam's originals, being built in 1912 though not Heritage listed, and has a floor area of approximately 52m2. It currently receives rent of $15,600pa + GST and annual rent shall increase by 2.5 % on each of review dates.
The annual rates are approximately $1,868.05 pa to the Shire and $1,427.52pa to the Water Corporation plus water use .
The tenant's lease expires March 2027 and there is an option to renew for 3 years.
All outgoings paid by tenant exclude Building Insurance.
Note the building is not a house, does not contain a bedroom or bathroom as might be indicated elsewhere on this web page.
