DFR Commercial are pleased to present to the market this modern leased investment within small strata complex of eight commercial units. The property is currently leased to an established local t shirt, apparel and promotional goods wholesaler offering quality products and many services.
The property has good onsite parking, rear access being ideal for deliveries, good exposure to busy Warnbro Sound Drive with over 17,000 vehicles passing weekly. The subject site is within the Port Kennedy Business Enterprises Park with good access to all main arterial roads being positioned in the southern corridor of Perth nestled between huge growth areas of Rockingham, Mandurah and Baldivis.
Tenancy Details:
• Annual Nett Rental $35,000
• Lease Commencement: 15th May 2024
• Lease Term: 3 years
• Further Term: 3 years
• Rent Increases: 3% fixed annually
• Market Rent Review: At Option
• Security: $7,500 Bond
Property Details:
• Total lettable area 254m2
• Full glass frontage
• Huge signage rights with good exposure
• Fronting busy Warnbro Sound Drive
• Rear roller door access ideal for deliveries
Approximate Annual Outgoings: Council rates $2,634.08, water rates $1,400.00, strata levies $1,822.75, land tax $273.00 and management fees $2.400.00. TOTAL: $8,529.83.
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