Knight Frank are pleased to offer 14/162 Winton Road, Joondalup For Sale by Offers to Purchase closing 4 October 2018.
This offering presents investors with the opportunity to acquire a leased investment in a high profile location.
LOCATION
Joondalup is approximately 26 kilometres from the Perth CBD and is easily accessible by the Mitchell Freeway.
PROPERTY DETAILS
Constructed on the site is a modern concrete panel showroom/warehouse. Fully fitted out with rear access roller door and good onsite parking. Total floor area of 729 sqm.
INVESTMENT SUMMARY
Rental per annum $147,008 net
Lease expiry 30 November 2022
4 years remaining on 5 year lease term
Fixed annual increases
Solicitors lease
Bond of $47,198
A strong passive investment
For Sale by Offers to Purchase closing 4 October 2018.