[SOLD] Secure Prized Land On An EXCELLENT Lease Back Return

This property has been SOLD. 

Address: 87 Main Street
Suburb: Osborne Park
Building Area: 418 m2
Yard Area:
Parking: shared parking
Bathrooms:
Price:
Outgoings:

Additional Features:

Perth Commercial Property are pleased to offer to market with a 5 year lease back,  87 Main Street, Osborne Park.

A position on Main Street in Osborne Park is highly sought after at the best of times, but add 1012m2 of land and a 5 year lease to a well proven tenant to the mix and you have yourself a golden opportunity.

This proven retail and service store operator has successfully operated from this premises for more than 11 years and will continue to do so on a 5 year lease back arrangement.

Property Particulars

  • 418 m2 approx of iron warehouse
  • Roof has been replaced in approx 2010
  • Good parking to both the front and rear of the property
  • Front driveway and parking has been newly surfaced
  • 3 Phase Power

Location

  • Street fronting on sought after Main street
  • Greater than 20,000 passing traffic count
  • Direct access to bus stops as well as Glendalough Train Station less than 1.5km

Lease Particulars

  • 5 year lease will be offered with the sale
  • 3 x 2 year options
  • 6% return on sales price

Zoning – City of Stirling – Herdsman / Glendalough Structure Plan.

Indicative height limit of up to 5 stories.

 

Outgoings

Shire  rates    $3,396

Water rates   $1,853

Land tax        $2,106

 

Perth Commercial Property welcome your enquiry on this property:
Anna Valentine
anna@perthcommercialproperty.com.au

 

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