Fully Leased Neighborhood Shops
71 Penguin Road, Safety Bay, WA 6169
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*
For Sale
$1,150,000 (GST Going Concern)