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1/66 Reserve Drive
Mandurah WA 6210
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Sold on 21 Mar 2019

1/66 Reserve Drive Mandurah WA 6210

  • Factory, Warehouse & Industrial
  • 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

Raine & Horne Mandurah
Raine & Horne Mandurah
Shop 3, 12 Sutton Street
Mandurah, WA 6210

Property Highlights

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

Nearest transport* to 1/66 Reserve Drive Mandurah WA 6210

Bus
Train
Gordon Rd After Shepherd Rd181 m
Gordon Rd Before Shepherd Rd186 m
Mandurah Tce After Gordon Rd289 m
Park Rd Before Mandurah Rd428 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Raine & Horne Mandurah
Raine & Horne Mandurah
Shop 3, 12 Sutton Street
Mandurah, WA 6210

Property Highlights

Date Sold21 Mar 2019
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2014995575
Category
Last updated  26 Mar 2019

Listed by

Peter Vetten
Peter Vetten
Raine & Horne Mandurah
Call
0403 584 466

More about 1/66 Reserve Drive Mandurah WA 6210

1/66 Reserve Drive Mandurah WA 6210 is categorized as Factory, Warehouse & Industrial Property. The listing ID for this property is 2014995575.

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