Burgess Rawson is pleased to offer for sale this prime leased investment opportunity located on the corner of Rokeby and Heytesbury Road, Subiaco. Properties of this calibre rarely become available for sale with future potential leasing opportunities available in the medium term.
- Prime Subiaco Retail Offering
- Leased Investment
- 209sqm* plus 4 undercover car bays
- Personal Guarantees
- Potential Future Uses include but are not limited to Small Bar / Restaurant / Shop / Showroom / Office / Medical (STCA)
Location
Situated on the corner of Rokeby and Heytesbury Road, Subiaco. The property is located at the Southern end of Rokeby road facing north west which provides for excellent natural light and business exposure.
Lease Information
Lease Expiry: 15th October 2019 + 5 year option
Income: $87,360 pa
Building Area
209sqm Strata Area + 66sqm Car Parking
Zoning
The property is zoned “Commercial/Residential” with “Local Shop” a permitted use.
Statutory Outgoings (16/17)
Lot 3:
Council Rates $3,623.94* pa
Water Rates $1,202.82* pa
Land Tax $1,748.85* pa
Strata Insurance $788.94* pa
Lot 4:
Council Rates $3,749.79* pa
Water Rates $1,207.98* pa
Land Tax $1,748.85* pa
Strata Insurance $657.45* pa
GST
The property is sold as a going concern.
Asking Price
Offers Invited
For further information or to arrange an inspection, please contact the exclusive selling agents Jack Bradshaw 0439 095 336 and Brian Neo 0411 868 486.
*Approx
(STCA) - Subject to Council Approval