Adjoining Strata Units With holding Income

$1,200,000 + GST (if applicable)

1-3/12 Boag Place

Morley WA 6062

Industrial

FOR SALE

654m2

An opportunity exists to acquire in one line, 3 adjoining strata warehouse units which can be split into 5 separate units with a combined improvement area of 654sqm*.

Units 1,2 & 3/12 Boag Place, Morley is positioned in an excellent location less than 300 metre from the Morley Galleria and approximately 10 kilometres to the Perth CBD.

Currently 2 out of the 3 strata units are leased for a combined income of $41,491.82p/a +Outgoings and GST.

Lot 1 - Vacant

• Size: 217sqm* (Based on the SP)
• Asking Rent: $25,000 per annum + outgoings + GST
• Outgoings - $3,923.44

Lot 2 (Unit 3)

• Size 203sqm* (Based on the SP)
• Use Mechanic
• Rent $19,200 p/a
• Outgoings: $4,130 p/a
• Term: Periodic (Has occupied for the past 3 years)
• Bond: $1,600

Lot 3 (Unit 4 & 5)

• Size: 234sqm* (based on the SP)
• Use: Car Restorer
• Rent: $22,291.56 p/a
• Outgoings: $4,532/a
• Term: Periodic 01/06/2020 until 01/06/2021
• Outgoings: $4,130.38
• Bond: $1,857.63

General

• Brick and metal cladding improvements built circa 1976
• No Strata Levies Payable (each unit separately insured)
• Combined outgoings $12,585.82
• City of Bayswater - Morley Activity Centre - Outer Core - Centre


For further information or to arrange an inspection please contact:

Tom Jones
M:0478 771 117
E: tom.jones@raywhite.com
Ray White Commercial (WA)

*approximate