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1&2/103 Royal Street East Perth, WA 6004

1&2/103 Royal Street,
East Perth, WA 6004

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SOLD!!!! Acquire 2 Adjoining Units for Only $468,000 with Sitting Tenant until June 2022

  • Tenanted Until 30/06/2022
  • Ground Floor, Street Fronting Units
  • 2 Adjoining Units Sold Together
SOLD!!!!

Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale Units 1 and 2 / 103 Royal Street, East Perth.


THE LOCATION
Very well positioned in the heart of the East Perth commercial precinct with a lovely tree-lined street.


THE DETAILS
Ground floor units with large shop windows facing the street.
Great parking with 4 undercover/basement, on title, bays.
Partitioned offices



Site improvements: * 85m2 Unit 1 39 m2 (inclusive of 7m2 store) and Unit 2 46m2
Site area: * 112m2 Unit 1 53m2 and Unit 2 59 m2

Car bays: 4 undercover in total - 2 per unit on title


THE LEASE DETAILS
Fully leased to 30 June 2022 - tenancy in occupation since 2014
Passing income of $21,330 pa plus GST and outgoings
Fully recoverable outgoings


ZONING
The City of Perth advises the property is zoned Normalised Redevelopment Area.


THE FINANCIALS
Sale Price $468,000 - no GST applicable if sold on a going concern basis.


2021 Statutory Outgoings:
Water Rates (U 1 & 2) $2,176
Council Rates - (U 1) $1,522
Council Rates - (U 2) $1,777
Land Tax Not applicable

GST status: All figures + GST where applicable


For further details or to arrange an inspection, please contact Anna Valentine of Perth Commercial Property


* Approx

Property ID: 503900558Last Updated: 10 Mar 2022

0427 182 2...
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1&2/103 Royal Street
East Perth, WA 6004

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