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8-10 Old Great Northern Highway
Midland WA 6056
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Sold on 5 Apr 2019

8-10 Old Great Northern Highway Midland WA 6056

  • Offices
  • 1,012 m²
  • Sold

Leased Investment

- Retail shops and offices
- Improvements 891sqm*
- Land area 1,012sqm
- Potential owner occupier for part first floor or value add
- Current net income $83,367* pa
- Future development potential

Introduction
Burgess Rawson is pleased to offer for sale 8 Old Great Northern Highway, Midland. This leased investment offers a mix of retail and office tenants with capacity to increase the net income by leasing the vacant areas (284sqm*) and future development potential.

Location
The property is located in a prominent position on Old Great Northern Highway, Midland.

Land Details
Lot 124 on Plan 3298 Certificate of Title Volume 1292 Folio 832.

Improvements
Comprises a two storey 891sqm* commercial building with multiple established tenancies and several internal capital improvements including a lift and refurbished toilet facilities.

Land Area
1,012sqm

Building Areas
Ground floor 606sqm*
First Floor 285sqm*
Total Area 891sqm*

Zoning

The property is zoned Midland Strategic Regional Centre by the City of Swan.

Tenancy Details
The property is currently leased to 6 tenancies with 1 ground floor and 2 first floor areas vacant. Refer selling agent for for further details.

Asking Price
From $950,000 (GST Going Concern)

*Approx

Burgess Rawson
Burgess Rawson
Level 10
Perth, WA 6000

Property Highlights

Date Sold5 Apr 2019
Floor AreaAsk Agent
Land Area1,012 m²
ParkingAsk Agent
Property ID2014924303
Category
Last updated  1 Jul 2019
Map for 8-10 Old Great Northern Highway Midland WA 6056

Nearest transport* to 8-10 Old Great Northern Highway Midland WA 6056

Bus
Train
Old Great Northern Hwy After The Avenue29 m
Keane St Before The Avenue188 m
The Crescent After Stafford St199 m
Keane St After The Avenue204 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Burgess Rawson
Burgess Rawson
Level 10
Perth, WA 6000

Property Highlights

Date Sold5 Apr 2019
Floor AreaAsk Agent
Land Area1,012 m²
ParkingAsk Agent
Property ID2014924303
Category
Last updated  1 Jul 2019

Co-Agents

Rob Selid
Rob Selid
Burgess Rawson
Call
0412 198 294
Luke Randazzo
Luke Randazzo
Burgess Rawson
Call
08 9288 0228

More about 8-10 Old Great Northern Highway Midland WA 6056

8-10 Old Great Northern Highway Midland WA 6056 is categorized as Office. The listing ID for this property is 2014924303.

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