Unique Leased Investment with a 7.77% Yield on a 7 year WALE!!!

SOLD

9 Mackinnon Street

Rockingham WA 6168

Retail

FOR SALE

886m2

Ray White Commercial (WA) is proud to present this rare opportunity to purchase a City Centre investment property at the heart of the City of Rockingham.

This two storey building along Mackinnon Street, within Rockingham's Primary Centre City Centre Zone, is home to a well-established long-term stationery and office supply business that occupies the ground floor and warehouse components of the building.

The opportunity on offer is to own this unique property investment with a stable tenant (lease back) on a long term lease and good W.A.L.E..

Investment Details:
Total Rent: $108,000 per annum
WALE: 7* years

Tenancy 1: 556sqm*
Rent: $78,000
Term: 10 Years

Tenancy 2: 320sqm*
Rent Guarantee: $30,000
Term: 18 Months


For further details please contact:

Enrique Reyes
M: 0421 888 688
E: enrique.reyes@raywhite.com

Russ Parham
M: 0499 552 255
E: russ.parham@raywhite.com

*approximately