Rare Opportunity - Ideal For Owner Occupier or Investor
SOLD
216A & 216 Stubbs Terrace
Shenton Park WA 6008
Industrial
FOR SALE
563m2
- Land area 1,052sqm*.
- Big frontage 51.8 metres.
- Two buildings 563sqm*.
- Ground lease hold.
- Vacant possession or short lease back.
Location
This subject improvements are located in the Stubbs Terrace precinct of industrial buildings between Selby Street and Nash Street, Shenton Park on PTA (rail reserve land).
Improvements
Located on the land are two free standing older style buildings of 306sqm* and 257sqm*.
Ground Lease
The existing ground lease L1074-2 wilth the Public Transport
Authority of WA is for 10 years, expiring 30th September 2017.
Extension of lease by negotiation.
Base annual rent: $45,236 pa + GST
Shire rates: $5,910.76 pa + GST (2015/2016)
Water rates: $411.65 pa + GST (2014/2015)
Management fees: $3,655 pa + GST (2015/2016)
