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Sold on 21 Mar 2019

1/66 Reserve Drive Mandurah WA 6210

  • Factory, Warehouse & Industrial
  • 279 m²
  • Sold

Long Lease - A Super Investment

    This 279m2 is a modern, tilt panel showroom/warehouse strata in a group of only 2 units, thus there is no strata fees other than proportionate shared insurance and gardening and water useage.
    The lessee is a well known Mandurah business that has been a long term tenant in the property and they have just extended their lease to November 2023 (ie. approx 4.5 years) and with further options of 3 years plus 3 years.
    Rent is static at $33,600 to 30th November 2020, then there are 3% rent reviews.

    This shows an approximate 7.65% return on the asking price, so be quick as leased investments do not last long and this is a real beauty.

    Contact Peter Vetten, your Commercial Property Specialist with local knowledge and national strength.
    M: 0403 584 466 E: pvetten@rhmandurah.com.au

    Peter Vetten
    Raine & Horne Mandurah
    Peter Vetten
    Raine & Horne Mandurah

    Property Highlights

    Property ID2014995575
    Date Sold21 Mar 2019
    Floor Area279 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  26 Mar 2019
    Map for 1/66 Reserve Drive Mandurah WA 6210
    Map for 1/66 Reserve Drive Mandurah WA 62101/66 Reserve Drive Mandurah WA 6210
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Peter Vetten
    Raine & Horne Mandurah
    Peter Vetten
    Raine & Horne Mandurah

    Property Highlights

    Property ID2014995575
    Date Sold21 Mar 2019
    Floor Area279 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  26 Mar 2019
    Raine & Horne Mandurah
    Shop 9b Smart Street Mall Mandurah WA 6210
    Peter Vetten
    Raine & Horne Mandurah
    Peter Vetten
    Raine & Horne Mandurah

    Ask Peter Vetten about this property

    Peter Vetten

    Peter Vetten

    Raine & Horne Mandurah

    0403 *** ***
    0403 584 466

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