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VACANT POSESSION

Lot 8, 211 Bannister Road, CANNING VALE WA, 6155

For Sale

Property for Sale in Lot 8, 211 Bannister Road, CANNING VALE WA, 6155

Kramer & Kramer Real Estate

Suite 15/17 Ogilvie Road, Mount Pleasant, WA 6153

Listing ID:
11340433
Status:
Active
For:
Sale
Price:
$690,000
Last Updated:
14/11/2019
Icon building

Property Type

Commercial Farming
Icon square

Land Area

N/A
Icon size

Floor Area

350 SQM
Icon parking

Parking

0

VACANT POSESSION

YOU can OWN YOUR OWN WORKSHOP when you borrow money, one day you will own it, instead of leasing and never owning. With renting you may think of it as a tax benefit, whereas with owning it you have the same tax benefit and it is yours. When you lease a commercial or retail premise there is an increase in the rent on a yearly basis. It could be CPI which at the moment is at its lowest at 1.3%, but as you may know in the past it has reached 8%+. Or it could range from CPI plus 2, to 5 %. Properties on the market today are already priced at today's values and banks are lending at today's valuation. Interest rates are the lowest they have ever been. In fact paying off a loan today is less than what it would be by paying rent.

The benefits for this location is that Canning Vale is known as the best modern Industrial area south of the river. You have easy access to all major freeways, north, south, east and west. Only 15km to the CBD. Most of all it is surrounded by blue color workers.

Flexible use Industrial building offering huge warehouse space, suitable for Manufacturing. This Commercial/Industrial building has previously been had many uses such as Retail, Dance Studio, Mechanic. Several uses are available.

Currently the Property is vacant.

The building consists of 350sqm internal, plus a mezzanine section not included in the size of the of the partly air conditioned 350sqm building. Plus an Office and 2 wc's .

Features
Building: Strata Title

Construction: Concrete Walls, Metal roof

Parking : Shared

Zoning Industrial / Warehouse

This Commercial Building is perfect for an Owner Occupier to operate their own Business or an investment with a good rental return.

Business Address:211 Bannister rd, Canning Vale WA 6155
Canning Vale's Features:
1. Home median price ranks No.166 among 504 suburbs of West Australia.
2. Home median rent ranks No.145 among 504 suburbs of West Australia.
3. Top primary school Caladenia Primary School, Canning Vale Primary School, Orana Catholic Primary School are in this suburb.
4. Top secondary school Willetton Senior High School is in this suburb.
5. Top combined school Woodthorpe School is in this suburb.
6. Many houses in this suburb are Fully Owned(40%).
7. People are well-educated (University or Tertiary education 6%).
8. People from India(2%) like to live in this suburb.
9. People from Singapore(2%) like to live in this suburb.
10. Many houses in this suburb are Purchasing(42%).
11. Many people in this suburb are Professionals(9%).
12. People from Malaysia(5%) like to live in this suburb.
13. The percentage of age 5 to 19 people(27%) is high.
14. There are more Separate house(92%) in this suburb.

For more details, please email agent

Kramer & Kramer Real Estate

Suite 15/17 Ogilvie Road, Mount Pleasant, WA 6153


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