UNDER OFFER!!! Well Leased Showroom/Warehouse, Fronting Albany Hwy To Long Term Tenant

2/1236 Albany Highway, Cannington

Offers from $700,000
  • Land262m2
  • Building262m2
  • TypeRetail

2/1236 Albany Highway, Cannington

Property Highlights

  • Good Standing Tenant
  • Shop / Warehouse
  • Albany Hwy Exposure

UNDER OFFER!!

Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale by Offers to Purchase, Shop 2 / 1236 Albany Hwy, Cannington.

THE LOCATION
The property is exceptionally located in a professional commercial centre fronting very busy Albany Highway. Approx 1500m from Westfield Carousel.

There is good proximity and access to major arterial roads including Albany Highway, Leach Highway and Manning Road.

THE DETAILS
Site improvements: 262m2*
Site area: 262m2*
Car Bays: Shared

Tidy, ground floor, street fronting open unit currently utilised as a shop/warehouse. Tenant has been in occupation since 2012.

THE LEASE DETAILS
Fully leased to 30/6/23. The tenant has been in occupation for a number of years.
– Passing income $48,174.50 pa plus GST and outgoings
– Fully recoverable outgoings

Further details can be obtained in the sales memorandum available from the sales agent.

ZONING
The City of Canning advises the property is zoned Service Commercial

THE FINANCIALS
Sale Price Offers to purchase from $700,000.
Return of 6.80% at $700,000
There will be no GST applicable where the property is sold on a going
concern basis.

2022 Statutory Outgoings:
Water Rates $1,570
Council Rates $4,400
Strata Levies $3,780
Land Tax $560

* Approx

GST status: All figures + GST where applicable

For further details or to arrange an inspection, please contact the exclusive selling agents.

Perth Commercial Property welcomes your enquiry.

Enquire about this property