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Unique Leased Investment with a 7.77% Yield on a 7 year W...

9 Mackinnon Street, ROCKINGHAM WA, 6168

For Sale

Property for Sale in 9 Mackinnon Street, ROCKINGHAM WA, 6168

Ray White Commercial (WA)

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

Listing ID:
11314764
Status:
Under-offer
For:
Sale
Price:
$1,390,000 + GST
Last Updated:
03/09/2019
Icon building

Property Type

Retail/Offices/Showrooms/Bulky Goods
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Land Area

946 SQM
Icon size

Floor Area

886 SQM
Icon parking

Parking

N/A

Unique Leased Investment with a 7.77% Yield on a 7 year WALE!!!

Ray White Commercial (WA) is proud to present this rare opportunity to purchase a City Centre investment property at the heart of the City of Rockingham.

This two storey building along Mackinnon Street, within Rockingham's Primary Centre City Centre Zone, is home to a well-established long-term stationery and office supply business that occupies the ground floor and warehouse components of the building.

The opportunity on offer is to own this unique property investment with a stable tenant (lease back) on a long term lease and good W.A.L.E..

Investment Details:
Total Rent: $108,000 per annum
WALE: 7* years

Tenancy 1: 556sqm*
Rent: $78,000
Term: 10 Years

Tenancy 2: 320sqm*
Rent Guarantee: $30,000
Term: 18 Months

For further details please contact:

Enrique Reyes
M: 0421 888 688
E: enrique.reyes@raywhite.com

Russ Parham
M: 0499 552 255
E: russ.parham@raywhite.com

*approximately

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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