2/103 Flora Terrace,
North Beach, WA 6020

Securely leased 136m2 office/showroom in a contemporary mixed use development. Set on Flora Terrace’s tightly held commercial strip and featuring 4 carbays, this accessible investment is occupied by a long term lessee (Lease Term 5+5+5) which commenced in May 2017 with a rental of $48,077.12 PA (Plus GST & Outgoings).

Immaculately presented, with a first class tenant, this is an ideal income producing investment.

Offered due to a business consolidation, this is a great opportunity for investors and SMSF’s to stake a claim in a location just off West Coast Drive, surrounded by shops & cafes and with easy access to public transport, main arterial roads and the freeway.

Excellent natural light
Secure parking (4 bays) and gated entry
Excellent depreciation advantages
Fixed rent increases throughout lease term
Tenant pays all outgoings
Owner says sell
Kitchen & bathroom facilities
To be sold as a Going Concern - zero rated for GST

Auction on site, Thursday September 26th at 11.00 am

Terms: deposit $25,000, settlement 30 days

Outgoings:

City of Stirling - $3453 PA
Strata $4130 PA
Watercorp: $1323 PA plus consumption
Air cond Maintenance $720 PA
Fire Equipment Inspections $235.70
*Note - all outgoings are paid by the tenant as per the lease

Parking: 4 bays

Zoning: Business under City of Stirling LPS3

Full IM available