- Brand new commercial strata lots
- Two limited opportunities available
- 9.8% net return pa
- Located in the town centre
Well located and presented ground floor strata offices. 20 Second Avenue, Onslow comprises of a recently completed commercial/residential development located within the Onslow town centre. Both units are leased to Bechtel (WA) Pty Ltd.
Legal Description
Lot 1 on Strata Plan 63938 Certificate of Title Volume 2846 Folio 67.
Lot 3 on Strata Plan 63938 Certificate of Title Volume 2846 Folio 69.
Lease Details - Lot 1
Strata Area 50sqm*
Term Five Years
Expiry Date September 2020
Annual Rent $42,613 net + GST + Outgoings
Rent Reviews Fixed @ 5% pa
Yield 9.8% net
Bank Guarantee Six months gross rental guarantee
Lease Details - Lot 3
Strata Area 38sqm*
Term Five years
Expiry Date September 2020
Annual Rent $32,387 net + GST + Outgoings
Rent Reviews Fixed @ 5% pa
Yield 9.8% net
Bank Guarantee Six months gross rental guarantee
Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a Going Concern for GST purposes.
Asking Price
Lot 1 - $435,000 (Going Concern)
Lot 3 - $330,000 (Going Concern)
For further details please contact the Selling Agent.
