REALISATION AUCTION - MUST BE SOLD
Prime location - first class building!
Canning Bridge's vibrant Business Precinct provides the perfect setting for this versatile 163m2 ground floor leased investment (total area 243m2 inc 5 car bays & store) perfectly positioned within Norup + Wilson's "The Precinct" Development.
Returning $41,736.24 plus GST and OG's PA (Rent $37,917.00 and car bays $3,819.24) until 31/12/2024
Zoned "Centre" - Under Canning Bridge Activity Centre Plan. With preferred Land Uses being Hospitality, Office/Consulting, retail or Educational (STCA) the property also offers 5 secure car spaces.
This location means business - there is a rapidly expanding residential population, excellent proximity to public transport, main arterial roads and the freeway system, whilst the CBD is only several light changes away. Surrounded by popular hospitality venues and within walking distance of the foreshore.
Inc: a large open plan showroom/office, utility area with services, a second office/meeting room/boardroom, an IT room and bathroom with disabled facilities.
OUTGOINGS (currently paid by the Lessee under the Lease terms)
City of Melville: $5755.47
Water Corporation: $929.51 pa
Strata: $5967.40 pa
Management Fees: approx $4,000 PA
All figures ex GST
For further information or to inspect, call today.
Detailed IM available
Auction on site Wednesday November 6th at 11.00 am (if not sold prior)
Terms: Deposit of $30,000, balance 30/45 days
Price is Exclusive of GST ie GST will be payable in addition to the purchase price.