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2938-2942 Albany Highway Kelmscott WA 6111

  • Showrooms / Bulky Goods
  • 11,487 m²
  • For Sale, Offers Invited

Leased Showroom Investment

- Fully leased income $687,934 pa net*
- 8 tenancies including Bridgestone, Better Pets and Gardens and Getaway Outdoors
- Huge frontage to Albany Highway
- Large level parking for 153 cars

Introduction
Burgess Rawson are pleased to present to the market for sale this well presented leased showroom investment on prominent Albany Highway. The property comprises a strong tenancy mix with tenants ranging from bulky goods, automotive services, office, recreation and hospitality.

Location
The property enjoys massive exposure on busy Albany Highway and is within close proximity to major established brands including; Woolworths, Coles, Dan Murphys, Spudshed & IGA. The property enjoys over 33,000** passing vehicles per day Monday to Friday.

Improvements
Comprising 8 tenancies between 382-900sqm in area, fronting a level bitumenised car park for 153 cars.

Income
The property is leased to 7 tenancies with one tenancy currently vacant. The sellers will guarantee the rent on this tenancy for 12 months from Settlement making the fully leased annual income $687,934 pa net.

and Details
Lot 833 on Plan 55051 Volume 2735 Folio 551

Site Details
The property enjoys a huge 102 metre frontage to Albany Highway and a total land area of 11,487sqm.

Zoning
The property is zoned District Centre under the City of Armadale Town Planning Scheme No. 4.

Sale Conditions</B>
The property is offered for sale by Offers Invited closing 2pm (AWST) Wednesday, 4 December 2019. Offers are to be lodged in the Submission Box at the office of Burgess Rawson, Level 10, 225 St Georges Terrace, Perth before the closing time. Offer Documentation is available from the Selling Agent.

Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a Going Concern.

*Approx

**Source: Main Roads 2017/2018

Property Highlights

Property ID2015825808
Floor Area11,487 m²
Land Area1.15 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  18 Mar 2020
Map for 2938-2942 Albany Highway Kelmscott WA 6111
Map for 2938-2942 Albany Highway Kelmscott WA 61112938-2942 Albany Highway Kelmscott WA 6111
Burgess Rawson
Level 10 225 St. George's Terrace Perth WA 6000

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