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City Centre Leased Investment

4/23-25 Chalgrove Avenue, ROCKINGHAM WA, 6168

For Sale

Property for Sale in 4/23-25 Chalgrove Avenue, ROCKINGHAM WA, 6168

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

Listing ID:
11368343
Status:
Active
For:
Sale
Price:
$1,200,000 (Going Concern)
Last Updated:
03/08/2020
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Property Type

Offices/Retail/Showrooms/Bulky Goods
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Land Area

N/A
Icon size

Floor Area

382 SQM
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Parking

N/A

City Centre Leased Investment

In these very interesting times, finding an investment property may not only be about the length of the term and the yield. Now, more than ever, it is crucial to find an investment that has a stable tenant profile in the light of many businesses being affected by the recent health crisis. This property not only provides a good length of term, decent yield, an impressive occupancy history, a strategic central location, and great street exposure but also has an excellent tenant profile that, despite the current economic climate, thrives and according to recent news, is expanding their business.

If you're looking for a sound investment, you can feel confident that this property provides a solid return with a very stable tenant profile and an intrinsic property value that aligns with the yield.

Leased Investment Details:

Tenant: Atwork Australia P/L
Lessee since August 2015
Gross Rent: $111,786 + GST per annum
Lease Expiry: 30 June 2023
Option up to 30 June 2025

Atwork is now delivering NDIS services in Perth, WA with its flexible service delivery model allowing them support to continue throughout the COVID-19 social distancing and isolation protocols.

For further information or to arrange an inspection please contact:

Enrique Reyes
Ray White Commercial (WA)_
M: 0421 888 688
E:enrique.reyes@raywhite.com

For more details, please email agent


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Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000


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