- Two tenants including NAB.
- Income $200,332 pa net.
- Land area 680sqm.
- First time offered for sale in 90 years.
Introduction
Burgess Rawson and Allied Property Consultants are pleased to offer for sale by Offers Invited this outstanding opportunity to secure a fully leased investment in this truly unbeatable South Perth location.
Location
Superbly located on the corner of Angelo Street and Coode Street in the Angelo Street business/retail precinct. The very sought after prime corner site is surrounded by national brands such as Coles, Australia Post, CBA and ANZ.
Improvements
Two level commercial building having the following approximate areas
Tenancy 1 - NAB
Ground Floor 147sqm First Floor 46sqm
Tenancy 2 - Drycleaner
Ground Floor 104sqm First Floor 52sqm
There are 9 on site car bays accessed from a rear laneway.
Land Area
680sqm
Title Details
Lot 25 on Diagram 59331 Certificate of Title Volume 1569 Folio 257.
Zoning
The City of South Perth advise that the property is zoned ‘Neighbourhood Centre Commercial’.
Lease Details
The property is leased to two tenants, National Australia Bank and a Drycleaner and has a
total current income of $200,332 pa net + GST. Refer selling agents for further details.
Sale Conditions and Closing Date
The property is offered for sale by ‘Offers Invited’ closing 2pm (WST) Thursday, 23 June 2016. Offer documentation is available from the selling agents. Offers are to be lodged in the
submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.
Goods and Services Tax
The property is sold as a Going Concern for GST purposes.
