6/15 Andrea Lane, Booragoon WA

For Sale


$2,950,000 (GC)


- Prime business centre adjoining the Garden City Shopping Centre.
- Leased until October 2019 plus option.
- Current rent approximately $199,073 pa.
- Strata area 394sqm.
- Long standing blue chip tenant.

Burgess Rawson is pleased to offer for sale Westpac Bank, Booragoon. A superb opportunity to purchase a securely leased commercial investment property to a highly regarded blue chip tenant.

Strata Area

Car Bays

Legal Description
Lot 6 on Strata Plan 23769 Certificate of Title Volume 1963 Folio 707.

The City of Melville advise that the property is zoned 'City Centre'.

Lease Particulars
Lessee: Westpac Banking Corporation
Expiry: 30 October 2019
Current Income: $199,073 pa
Option: 5 years
Rent Reviews: Annual 4% increases with Market Review at the option period
Outgoings: All payable by the Lessee

Goods and Services Tax
The Sellers are registered for GST and the property will be sold as a 'Going Concern'.

Asking Price
$2,950,000 (GST Going Concern)

For further information please contact the Selling Agents.