Unique Leased Investment with a 7.77% Yield on a 7 Year Wale!
This two storey building along Mackinnon Street, within Rockingham's Primary Centre City Centre Zone, is home to a well-established long-term stationery and office supply business that occupies the ground floor and warehouse components of the building.
The opportunity on offer is to own this unique property investment with a stable tenant (lease back) on a long term lease and good W.A.L.E..
Total Rent: $108,000 per annum
WALE: 7* years
Tenancy 1: 556sqm*
Term: 10 Years
Tenancy 2: 320sqm*
Rent Guarantee: $30,000
Term: 18 Months
For further details please contact:
M: 0421 888 688
M: 0499 552 255
|Tenancy Status||Currently Tenanted|
|Annual Yield (Gross)||N/A (Marketed Without Price)|
|Annual Yield (Nett)||N/A (Marketed Without Price)|
|Title Scheme||Not Applicable|
The above figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply.
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.