1 & 2/35 Shields Crescent Booragoon WA 6154

MLV as exclusive agents are pleased to present to market 35 Shields Crescent Booragoon, an outstanding freestanding leased investment opportunity in one of Perth's most tightly held commercial precincts.

• Unit A: 180 sqm (approx)
• Unit B: 180 sqm (approx)
• Land: 919 sqm (approx)

The improvements include concrete floors, brick walls and iron roof. The units are currently leased as an office and warehouse and as a karate studio. The units are predominantly open plan and include carpets, air conditioning, suspended ceilings, and recessed lights in the office only.

Internally the warehouse has the male/female toilets, insulated roof, and roller door access with a truss height of 5.5 metres. The rear of the warehouse has a yard area and can be accessed through the warehouse. Parking is to the front of the unit. Overall, the property appears well maintained and is in excellent condition.

Lease Details as follows:

Unit A:
• Lessee: Shu-Ha-Ri Karate Pty Ltd
• Rent: $27,500 pa + GST & Outgoings
• Commencement: 10/10/2023
• 3 + 3 Years
• Market Review 2026

Unit B:
• Lessee: Jersey Building Company Pty Ltd
• Rent: $27,900 pa + GST & Outgoings
• Commencement: 10/10/2023
• 3 + 3 Years
• Market Review in 2026

For further information please contact the exclusive Selling Agents, Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952