Quality investment opportunity.
Prime piece of real estate in the Armadale CBD with a Strategic Regional Centre Zoning.
Leased to a national tenant (WESTPAC) who have been there for approx 35 years.
Lease Details:
• Rent: $105,000pa + Outgoings + GST
• Term: 3 Years
• Commenced 1/7/22
• Options: 2 x 3 year
• Annual CPI increases - capped 10 %
• Market Review commencement of option
Property Details:
• Land Area 934 sqm*
• Green Title Lot
• Building Area 458qm*
• Frontage: 21m*
• High Exposure Location
*Approximate
For a copy of the Information Memorandum and to book an inspection please contact Mike Dunsmore 0413 754 110