41 Raymond Avenue Bayswater WA 6053

Income Producing Asset.

Located in the Bayswater General Industrial Precinct this property offers a distinct advantage with its exposure at the rear of the premises providing fantastic sign opportunities to the high traffic count of Collier Link.

This is a stand alone building and offers tenants the benefits of good yard space with access via three roller doors, high truss and is just a short walk to the bus routes on Collier Link.

CURENT TENANT
* Originally leased to the Total Canvas Business back in 2015
* Current term expires 28th August 2025
* One further option of 5 years in the lease from 29th August 2025 - 28 August 2030
* Land approx. 1,149 sqm
* Building approx. 555 sqm (base building)
* Annual Rent Reviews: 1 August each year
* Current Rent $46,371.13 PA plus Outgoings & GST

For full details of Rental Income and Information Memorandum (IM) please contact Cambell Giles.

SALES CONTRACT with IM
This property is offered via Set Date Sale (if not sold prior). Offers closing AWST 14th October 2021 at 4pm.
All offers WILL be presented on the 14th Oct (if not sold prior) and we offer the price guide of $795,000 (going concern).