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Leased Investment Opportunity

3/20 Signal Terrace, COCKBURN CENTRAL WA, 6164

Sold

Property Sold in 3/20 Signal Terrace, COCKBURN CENTRAL WA, 6164

Listing ID:
11371038
Status:
Sold
Price:
$170,000 (GST Going Concern)
Last Updated:
17/02/2020
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

30 SQM
Icon parking

Parking

N/A

Leased Investment Opportunity

Burgess Rawson are pleased to present to the market for sale this retail leased investment. The property comprises of 43sqm* ground floor office leased until August 2020 plus a further option until August 2025.
The net income is $11,817.75 plus GST with CPI Plus Rent Reviews at the end of the option. The property comes with 1 exclusive car bay, as well as communal restroom facilities. The property offers a modern office fit out. Walking distance to the Cockburn Train Station

Features
+ Leased until August 2020 plus options to 2025
+ Net income of $11,817.75pa + GST
+ Current Yield 6.75% pa
+ 43sqm* with 1 car bay and storeroom
+ Leased Investment
+ Well located off the Cockburn Central Train Station
+ Ideal for Superfund

Building Area: 30sqm*
Car Bay Area: 13sqm*
Total Area: 43sqm*

Net Income
$11,817.75pa + GST

Car Bays
1 exclusive bay

Statutory Outgoings
Strata Levies: $459.25 per quarter
Water Rates: $1,045pa
Council Rates: $1,936pa

Land Details
Lot 134 on Strata Plan 63457 Volume 2810 Folio 433

Goods and Services Tax
The property will be sold as a Going Concern.

For further information please contact the exclusive selling agent Chris Tonich.

* Approx

For more details, please email agent

Burgess Rawson Perth

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


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