Rare opportunity to purchase a prime office with a long lease in the Mandurah Marina.

The lease commenced 1 July 2021 for 5 years pls a 5 year option to a lessee (financial planner) that has been the lessee since the building was new in 2003.

The premises have a high quality fit out that will stay at lease conclusion.

The net rent is circa $31,000 with the tenant paying normal outgoings. Rent reviews are CPI.
There is no GST payable as the seller is not registered for GST.

The 95m2 of internal area is configured with a reception area, 3 x offices, a meeting room, a large lunch room/storage, a good sized kitchen, a storeroom and externally there are 2 undercover car bays in a gated area.

The Marina outlook from the 2 x front offices is magnificent.

So in summary:

• New 5 + 5 year lease to a longstanding lessee
• Lessee pays normal outgoings
• Circa $31,000 net rental
• No GST payable
• Asking $495,000

DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.