2/16 Sutton Street,
Mandurah, WA 6210
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Map of 2/16 Sutton Street
Leased to the Government
This 52m2 unit with good street exposure on the edge of the central town district is a great little investment opportunity.
The lease was renewed 1/10/2021 and goes to 30/9/2023 with 2 x 1 year options.
Current rental is $12,740 pa plus the tenant pays the outgoings.
The rent reviews are fixed at 3% increase pa.
If you are looking for a bigger investment, it may interest you to note we also have the unit 3 next door for sale. it is also 52m2 .
Each unit has its own kitchen tea prep area.
Don't hesitate as these affordable investments are hard to find especially ones with a quality tenant that assures you are paid every week. The owner is not registered for GST, so there is no GST payable.
Contact Peter Vetten, your commercial property specialist with Local Knowledge and National Strength.
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.
The lease was renewed 1/10/2021 and goes to 30/9/2023 with 2 x 1 year options.
Current rental is $12,740 pa plus the tenant pays the outgoings.
The rent reviews are fixed at 3% increase pa.
If you are looking for a bigger investment, it may interest you to note we also have the unit 3 next door for sale. it is also 52m2 .
Each unit has its own kitchen tea prep area.
Don't hesitate as these affordable investments are hard to find especially ones with a quality tenant that assures you are paid every week. The owner is not registered for GST, so there is no GST payable.
Contact Peter Vetten, your commercial property specialist with Local Knowledge and National Strength.
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.
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Property ID: 504017711Last Updated: 26 Apr 2022
04035844...
2/16 Sutton Street
Mandurah, WA 6210
Raine & Horne - MandurahShop 3, 12 Sutton Street
MANDURAH, WA 6210
MANDURAH, WA 6210
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