- New term until July 2019 plus options.
- Current income $37,112 pa.
- Prime corner location.
- High exposure location opposite Supa IGA and Mitre 10.
- Established in Mount Barker in 1932 - 83 years.
Location
Mount Barker is situated on Albany Highway approximately 350 kilometres south of Perth and 50 kilometres north of the city of Albany. The town is home to a number of hobby farms and is popular with people desiring a 'tree-change'. Mount Barker has a hospital and medical centre, police station, TAFE college, a community college catering for K-12 schooling and childcare facilities.
Improvements
Single level premises comprising two tenancies. Westpac occupy approximately 235sqm and a Chiropractor 60sqm.
Legal Description
Lot 4 on Diagram 11505 Certificate of Title Volume 1068 Folio 484
Lease Details - Westpac
Lessee Westpac Banking Corporation
Expiry 8 July 2019
Current Income $29,000 pa
Options 5 years + 5 years
Rent Reviews Annual 3%, market on options
Lease Details - Chiropractor
Lessee John Taylor
Expiry 30 June 2016
Current Income $8,112 pa
Options 5 years
Rent Reviews Annual 4%, market on option
Zoning
The Shire of Plantagenet advise that the property is zoned 'Commercial'
Heritage
The property is adopted on to the Heritage Municipal Inventory.
Total Land Area
1,194sqm
Asking Price
$570,000 Going Concern (GC)
Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.
For further details please contact :
Rob Selid
0412 198 294
rselid@burgessrawson.com.au
