Showrooms

Property ID: 395825

 

High Yield Leased Investment

3, 146 Great Eastern Highway, Midvale, WA 6056

Choose your yield and put an Offer in today. With a fair market rent, a long term tenant and a brand new three year lease, this fantastic strata titled investment is ready for the investor market.

The existing tenant for the past 5 years, Solomon's Flooring, has signed up to a brand new 3 year lease expiring 30 April 2024.

Located on Great Eastern Highway, this 243sqm Strata Showroom with double door shop fronts and large signage both on the pylon sign and on the strata building is exposed to a high passing traffic count of 27,500+ cars per average weekday.

The well presented showroom forms part of a four unit strata complex which includes 47 shared car bays. The rear roller door is accessible via a rear laneway.

Adjoining tenants include: LaNoir Saddleworld, Work Clobber, Auto One Midland, WA Pool Warehouse, Saddleworld and The Watershed Water Systems.

Strata Area: 243sqm.
Price point: Offers Invited
Current Rent: $46,785.72 pa net + GST
Outgoings: $15,900.00 pa + GST - Paid by tenant
Available: Now

Contact Jonathan Kilborn or Shannon Swarts to arrange an inspection

Sold

$650,000

Jonathan Kilborn0893869981

Shannon Swarts0893869981