DFR Commercial are please to present this property with a strong long term lease in place to a proven tenant for sale.
This very well located premises in Bibra Lake has been occupied by the current tenants since 1/07/2017 and they are currently into their second five year term which expires in 2027 with a further 5 year option to extend.
Annual rent is currently $21,600 p/a + GST & Outgoings with a review in July of CPI or 2% whichever being the greater.
This property is one for the superfund or those looking to invest with a long term tenancy.
Property features:
- 203m2 (approx.) Ground floor office/warehouse
- 30m2 (approx.) first floor office/lunchroom
- 24m2 (approx.) suspended concrete storage
- Fantastic street front access
- Quality long term
Approximate annual outgoings: Council rates $2,320, water rates $1,350 and strata levies $2,380. Total $6,050
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