Located within one of the most tightly held commercial/industrial enclaves in Perth, 35 Carrington Street, Nedlands represents a rare opportunity to secure a green title holding with a secure long standing tenant.
The property is situated on a 696sqm parcel of land, with two street frontages to Carrington Street and Government Road. The building is a 582sqm single level workshop style build, which offers plenty of potential for redevelopment or refurbishment in the future, and will appeal to investors, developers and owner-occupiers alike.
The tenant, trading as Honmaz Automotive, has been operating from this location for some thirty years, and have recently been granted an extension on their lease for another two years, expiring on 30th June, 2025 at an annual rental of $80,000 p.a. plus outgoings, plus GST. The tenant will consider a longer lease term extension by negotiation with the successful buyer, should this be of interest.
Offers to Purchase, closing Thursday 2nd November, 2023 @ 2pm WST
For a full IM and additional particulars, please contact the exclusive selling agents at Raine & Horne Commercial.