2/103 Flora Terrace North Beach WA 6020
- 136 m²
Leased investment in a tightly held coastal location - set your own yield!
- "Going concern" - zero rated for GST
- Net income $48,077 PA
- Long lease with annual rent increases!
Securely leased 136m2 office/showroom in a contemporary mixed use development. Set on Flora Terrace’s tightly held commercial strip and featuring 4 carbays, this accessible investment is occupied by a long term lessee (Lease Term 5+5+5) which commenced in May 2017 with a rental of $48,077.12 PA (Plus GST & Outgoings).
Immaculately presented, with a first class tenant, this is an ideal income producing investment.
Offered due to a business consolidation, this is a great opportunity for investors and SMSF’s to stake a claim in a location just off West Coast Drive, surrounded by shops & cafes and with easy access to public transport, main arterial roads and the freeway.
Excellent natural light
Secure parking (4 bays) and gated entry
Excellent depreciation advantages
Fixed rent increases throughout lease term
Tenant pays all outgoings
Owner says sell
Kitchen & bathroom facilities
To be sold as a Going Concern - zero rated for GST
Auction on site, Thursday September 26th at 11.00 am
Terms: deposit $25,000, settlement 30 days
City of Stirling - $3453 PA
Strata $4130 PA
Watercorp: $1323 PA plus consumption
Air cond Maintenance $720 PA
Fire Equipment Inspections $235.70
*Note - all outgoings are paid by the tenant as per the lease
Parking: 4 bays
Zoning: Business under City of Stirling LPS3
Full IM available
|Auction date and time||26/09/2019 11:00|
|Auction location||Ask Agent|
|Date Sold||12 Sep 2019|
|Floor Area||136 m²|
|Land Area||Ask Agent|
|Parking||4 x Onsite parkings|
|Building Type||Partial building|
|Last updated||26 Aug 2019|