Raine and Horne Commercial are delighted to present 104-108 Erindale Road, Balcatta to the market for sale by Offers to Purchase'.
The property is arguably Balcatta's finest, occupying the prominent corner position of Balcatta and Erindale roads, one of Perth's most recognised suburban commercial locations.
The key investment features of 104-108 Erindale Road include:
Iconic site in highly desirable commercial precinct.
Excellent crossover access from Erindale and Balcatta Roads.
Securely leased with ability to improve rental income.
Multiple long standing tenants.
Redevelopment potential with significant holding income.
Tightly held commercial precinct.
Large land holding with significant productive improvements.
Ample onsite parking.
Property features:
Land: 5,025sqm (Approx)
Building: 2,614sqm (Approx)
Parking: 32 (Approx) bays onsite
Tenants: 100% Fully Leased 4 Tenants
Passing Income: $370,860 p.a. (Approx) plus Outgoings and GST
Zoned: Mixed Business' under City of Stirling LPS #3
Improvements: Street front showrooms warehouse areas adjoining each showroom with roller door and vehicular access from rear First floor offices.
Offers to Purchase: Closing 3.00pm Thurs 22nd August
For an information memorandum or to discuss further please don't hesitate to contact exclusive selling agents:
Anthony Vulinovich
0411 516 343
anthonyv@rhc.com.au
Matthew Edwards
0402 515 251
matthewe@rhc.com.au
