Freehold Retail/Commercial Centre - Chidlow

SOLD

2 Memorial Avenue

Chidlow WA 6556

Retail

FOR SALE

350m2

Under instructions from Receivers & Managers KordaMentha

Burgess Rawson is pleased to offer for sale by Public Auction this unique opportunity in the heart of Chidlow. This freehold opportunity represents one of Chidlow's most sought after commercial/retail addresses.

Location:
Chidlow is approximately 45 kilometres east of the Perth CBD with the subject property representing one of the towns best commercial/retail locations. Superbly positioned just off Old Northam Road the subject property enjoys an excellent corner location and easy access.

Improvements:
Situated on a corner site of 1,404sqm, 2 Memorial Avenue, Chidlow comprises 5 individual office/shop tenancies with on site car parking and amenities. The building improvements on site consist of a combination of double brick and weatherboard construction with a pitched aluminium roof structure. Externally the verandah areas enjoy brick paved walkways and the carpark is sealed bitumen. On site amenities are shared by each tenancy and comprise male and female toilets and a lockable yard/storage area at the rear.

Rental and Tenancy Details:
Please contact the selling agent for full details on the current rental and tenancy details.

Legal Description:
Lot 5 on Deposited Plan 248280 Certificate of Title Volume 1778 Folio 920.

Zoning:
The Shire of Mundaring advise the property is currently zoned ‘Local Centre 2' under their current Town Planning Scheme.

Sale Conditions:
The property is offered for sale by ‘Public Auction' on site at 11.00am (WST) Thursday, 19 August 2010. On the fall of the hammer the successful buyer will be required to pay a deposit of 10% of the purchase price with the balance of the purchase price being due and payable at settlement. The conditions of sale will not be read out. Copies are available upon request from the selling agent.

Auction Date:
Thursday, 19 August 2010 at 11.00am (WST)

Goods & Services Tax:
The sellers are registered for GST and the property will be sold as a Going Concern.

For further details please contact:

Robin Hammond
0407 070 441
rhammond@burgessrawson.com.au

Nick Goodridge
0421 812 159
ngoodridge@burgessrawson.com.au