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2 Tindale Street Mandurah WA 6210

  • Factory, Warehouse & Industrial
  • 1,080 m²
  • For Sale, Offers required around $880,000 (under offer)

Partially Leased Freehold Investment

    Situated on a corner 2226m2 corner site facing Tindale Street and Gibla Street is this large 1080m2 building split into 8 units, many of which have their own frontage to either Tindale or Gibla Street.

    The property is partially leased with 3 tenants occupying the 5 of the 8 tenancies.
    It is ideally suited to someone wanting up to 585m2 for their own use.
    The existing rents are low rental rates , i.e. average rent is under $60/m2, so there is potential future upside.

    As there is 1080m2 of building this equates to under $880/m2 so probably the cheapest commercial building on a $/m2 basis (that is not just a tin shed).

    This is a functional concrete and brick with a metal deck roof, it gives good access to each tenancy and there is good parking available.

    It's well worth a look and at under $880m/2 of building, you won't buy greater value. The GST can likely be done on a going concern basis as the building is partially leased and we are putting the balance of space up for lease.

    For further details contact Peter Vetten on 0403 58 4466 your Commercial Property Specialist with Local Knowledge and National Strength.

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

    Property Highlights

    Property ID2013081398
    Floor Area1,080 m²
    Land Area2,226 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  10 Jun 2021
    Map for 2 Tindale Street Mandurah WA 6210
    Map for 2 Tindale Street Mandurah WA 62102 Tindale Street 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 ID2013081398
    Floor Area1,080 m²
    Land Area2,226 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  10 Jun 2021
    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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