Leased Investment with over 8% net return
Cheapest Industrial Unit in town?
It could well be at under $1270/m2.
Well positioned in Mandurah's industrial precinct, this commercial property is a super affordable opportunity.
258m2 warehouse at ground level plus mezzanine office
Leased for $26,453pa till June 2014 with the tenant paying all the outgoings. This reflects over a 8% return.
It isn't the prettiest but it priced to sell and the owner will consider a reasonable offer!!
It could also (in due course) be the cheapest storage space in town.
No GST to pay as can be sold as a going concern.
Expressions of Interest
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