Well located freestanding office/warehouse investment or future redevelopment site - endless options available for a savvy property investor!!!
Must be Sold!
Price has been heavily reduced and we are under instructions to sell the property ASAP. Now only asking a low $799,000- Reasonable offers considered
Ray White Commercial (WA) are pleased to exclusively present this centrally located office/warehouse for sale.
This site provides a fantastic opportunity for an investor, developer or an owner occupier to secure a green titled 1,006sqm* parcel of prime land with a dated but very usable 420sqm* office/warehouse.
Key features include:
- 1,006sqm* of land
- Excellent frontage to Cleaver Terrace of 34.44 metres (plenty of room to demolish and build two units side by side)
- 150sqm* office/converted residence, air conditioned with bathroom, WC and shower facilities
- 270sqm* warehouse, clear span with own kitchen and separate male and female toilets
- Mezzanine
- The office can readily be converted back to residence for home occupation, the bonus of working from home while running your own business
- Unsealed yard area for sea container storage or extension of existing warehouse
- Designated 6 car bays at front of premises plus plenty of excess land for extra parking and open air storage
- Wide frontage and easy access to warehouse for deliveries
The property is currently leased till 31 December 2019, providing a holding income of $46,712 per annum + outgoings + GST. The tenant has occupied the premises for the last 12 years and is keen to continue leasing the premises. Alternatively in consultation with the tenant the property could possibly be sold with vacant possession.
This represents a great opportunity to secure a well located property in a central location, at an affordable price. The property is within 50 metres* of busy Belmont Avenue, 7 km's* east of Perth CBD and within 2 km's* of Perth Domestic Airport. This favourite location provides easy access to the Great Eastern Highway and Perth's road networks via Tonkin, Roe and Graham Farmer Freeway.
For further information or to arrange an inspection please contact:
Chris Matthews
M: 0413 359 315
E: chris.matthews@raywhite.com
Nigel Tennant
M: 0439 555 439
E: nigel.tennant@raywhite.com
*approximate