1&2/103 Royal Street, East Perth
Property Highlights
- Tenanted Until 30/06/2022
- Ground Floor, Street Fronting Units
- 2 Adjoining Units Sold Together
SOLD!!!!
Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale Units 1 and 2 / 103 Royal Street, East Perth.
THE LOCATION
Very well positioned in the heart of the East Perth commercial precinct with a lovely tree-lined street.
THE DETAILS
Ground floor units with large shop windows facing the street.
Great parking with 4 undercover/basement, on title, bays.
Partitioned offices
Site improvements: * 85m2 Unit 1 39 m2 (inclusive of 7m2 store) and Unit 2 46m2
Site area: * 112m2 Unit 1 53m2 and Unit 2 59 m2
Car bays: 4 undercover in total – 2 per unit on title
THE LEASE DETAILS
Fully leased to 30 June 2022 – tenancy in occupation since 2014
Passing income of $21,330 pa plus GST and outgoings
Fully recoverable outgoings
ZONING
The City of Perth advises the property is zoned Normalised Redevelopment Area.
THE FINANCIALS
Sale Price $468,000 – no GST applicable if sold on a going concern basis.
2021 Statutory Outgoings:
Water Rates (U 1 & 2) $2,176
Council Rates – (U 1) $1,522
Council Rates – (U 2) $1,777
Land Tax Not applicable
GST status: All figures + GST where applicable
For further details or to arrange an inspection, please contact Anna Valentine of Perth Commercial Property
* Approx
