- 97sqm* retail corner location.
- Lease expiry 2nd September 2017 + three year option.
- Excellent exposure.
- Affordable investment.
Burgess Rawson is pleased to offer for sale by Private Treaty this fully leased prime retail premises within the O'Connor Industrial Precinct. The unit is 97sqm* including amenity facilities and also features excellent business exposure onto Garling Street.
This boutique investment is currently leased at $24,024 + GST which equates to a 5.5% ROI with a CPI increase is scheduled for September 2015 the tenant also a three year option.
Land Details
Lot 2 on Survey Strata Plan 059561 Certificate of Title Volume 2755 Folio 602.
Building Area
97sqm*
Lease Details
Lease Commencement Date 3 September 2014
Expiry 2 September 2017
Current Net Rent $24,024 + GST
Outgoings $4,547.15 + GST
Rent Reviews Annual CPI increases
The is a three year option at the conclusion of the current term
Zoning
The property is zoned 'Industrial Zone' and falls within the City of Fremantle.
Features:
- Excellent exposure
- Alfresco seating
- Leased until September 2017
For further details please contact
Jack Bennett
0431 860 431
jbennett@burgessrawson.com.au
