8/90 Terrace Road, East Perth WA

For Sale

Offices

$1,690,000 (Going Concern)

185m2

- Leased retail shop.
- 185sqm ground floor unit.
- Well presented modern building.
- Rapidly growing river front location.
- Includes four car bays and an alfresco area.
- Rent $84,000 pa (1st April 2016).

Burgess Rawson is pleased to offer for sale 8 / 90 Terrace Road, East Perth. An excellent opportunity to secure a securely leased property in a superb riverside location.

Location
Located opposite the Swan River surrounded by a range of high density high rise developments providing a captive customer base for the convenience store tenant.

Tenancy
The property is sold subject to an existing lease with a current net income of $84,000 pa (1st April 2016) expiring 31st March 2020 plus two x five year options.

Title Details
Lot 8 on Strata Plan 58159 Certificate of Title Volume 2811 Folio 508.

Strata Area
Internal strata area - 185sqm
Alfresco area - 36sqm
Car bays - 4

Goods and Services Tax
The sellers are registered for GST and the property is sold as a 'Going Concern'.

Asking Price
$1,690,000 (Going Concern)

For further details please contact the Selling Agent.