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Leased Showroom in Top Location - 383sqm* Showroom & Store

1/140 Russell Street, MORLEY WA, 6062

Sold

Property Sold in 1/140 Russell Street, MORLEY WA, 6062

Listing ID:
11268988
Status:
Sold
Price:
$920,000 (GST - Going Concern)
Last Updated:
13/06/2019
Icon building

Property Type

Industrial/Warehouse
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Land Area

N/A
Icon size

Floor Area

383 SQM
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Parking

N/A

Leased Showroom in Top Location - 383sqm* Showroom & Store

- Leased until October 2019 + 1-5 Year Option
- 383sqm* Showroom & store with roller door access
- Rental income of $57,505 per annum

Building Details & Features
- Large glass shop front facade & signage
- Carpet & ducted Air-conditioning
- Double glass door entry
- Construction date circa 1980’s
- Brick & metal deck roof construction
- Rear roller door access
- Male & female amenities
- Prominent street profile
- Adjoins major showroom occupiers
- Small development of 3 units only

Improvements
Strata Area 383sqm*

Lease Details
Lease to Tackle World @ $57,505 pa until 13/10/2019 with a 1 -5 year option
Rent Reviews Annually to 3% increase

Zoning
The City of Bayswater advise that the property is zoned ‘Central Area - Precinct 6 Marchant’.

Location
The property is situated within the Morley Town Centre, close to the southeast entrance to the Federation Centres Galleria Shopping Centre with good exposure attributes and surrounding complimentary users. Morley is approximately 8km from the Perth CBD.

Asking Price
$920,000 (GST - Going Concern)

For more details, please email agent

Burgess Rawson Perth

10th Floor, 225 St Georges Terrace, Perth, WA 6000


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