Well Leased Investment, In Superb Location Opposite Morley Galleria To Long Term Tenant

3/15-21 Collier Road, Morley

Offers from $1,000,000
  • Land251m2
  • Building209m2
  • TypeOffices
  • Car Bays3

3/15-21 Collier Road, Morley

Property Highlights

  • Exceptional Location Opposite Galleria
  • National, Long Term Tenant over 40 years
  • 5.80% Approx Return

Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale by Offers to Purchase, Unit 3 15-21 Collier Road, Morley.

THE LOCATION
The property is strategically located directly opposite major Morley Galleria Shopping Centre in a professional commercial centre fronting busy Collier Road.

There is good proximity and access to major arterial roads including Broun Avenue, Morley Drive and Grand Promenade.

THE DETAILS
Site improvements: 209m2*
Site area: 251m2*
Car bays: 3 exclusive use undercover car bays

Tidy, ground floor, street fronting unit currently utilised as an office space.

THE LEASE DETAILS
Fully leased to a national organisation – Jenny Craig Weight Loss Centre to 31/8/22. The property has a long-standing tenant.

– Passing income $58,349.50 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 Bayswater advises the property is zoned Centre
THE FINANCIALS
Sale Price Offers to purchase from $1,000,000.
Return of 5.80% at $1,000,000
There will be no GST applicable where the property is sold on a going
concern basis.

2022 Statutory Outgoings:
council Rates $4,660
Water Rates $1,150
Strata Levies $8,680
Land Tax $N/A (not currently assessable)
* Approx

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