5/592 Stirling Highway Mosman Park WA 6012

LJ Hooker Commercial Perth is pleased to offer for sale this prime leased investment opportunity located near the corner of Stirling Highway and Stuart Street, Mosman Park. Properties with a strong medical tenant covenant such as Western Eye Mosman Park rarely become available for sale.

- Prime Mosman Park Medical Offering
- Leased Investment
- 167sqm* plus 6 car bays
- Personal Guarantees
- Potential Future Uses include but are not limited to Shop / Showroom / Office (STCA)

Location
Situated near the corner of Stirling Highway and Stuart Street, Mosman Park. The property is footsteps from Mosman Park train station and is surrounded by retail, medical, hospitality businesses such as Rodneys Bait n Tackle, Liquor Barons, Mosman Drive-in Chemist, Mosman Dental Centre and Mosman Park Veterinary Hospital.

Lease Information
Lessee: Eyecom Pty Ltd
Lease Expiry: 1st July 2021
Income: $59,328 pa
Outgoings: Payable by Lessee
Rent Reviews: Fixed 3% annual increases
Security: Personal guarantees

Building Area
167sqm Strata Area + 6 Car Bays

Zoning
The property is zoned 'Commercial' as advised by the Town of Mosman Park.

Statutory Outgoings (18/19)
Council - $4,809.73 pa
Water - $1,688.15 pa
Common Water & Power - $331.00 pa
Building Insurance - $1,374.73 pa

GST
The property is sold as a going concern.

Asking Price
$1,095,000 (Going Concern)

For further information or to arrange an inspection, please contact the exclusive selling agents Jack Bradshaw and Brian Neo.

*Approx
(STCA) - Subject to Council Approval

Highlights:
* Rare offering
* Net income $59,328 pa
* Strong medical tenant