71 Penguin Road, Safety Bay, WA 6169

Retail

For Sale $1,150,000 (GST Going Concern)

  • Property ID: 402905
  • Floor Area: 282m²
  • Land Area: 1012m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Fully Leased Neighborhood Shops

Introduction
The property comprises a fully leased freehold investment. The property has 6 tenancies and enjoys close proximity to the coast servicing the residential catchment of Safety Bay.

Income
The property is fully leased with a passing income of $81,430 pa net with a strong and diverse tenant mix.

Improvements
Single level retail/commercial building of brick construction, compromising 6 tenancies with a total area of 282m2

There is ample onsite parking for customers and staff

Zoning
The City of Rockingham advise that the property is zoned ‘Commercial’.

Land Area
Frontage 21.99 metres
Depth 46.01 metres

Total Land Area 1,012sqm*

Safety Bay Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3232 --- ---
Retail $4078 --- ---
Offices $3597 --- ---
This is the average advertised price, rent and yield for Safety Bay, WA 6169*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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