235 Balcatta Road,
Balcatta, WA 6021
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Map of 235 Balcatta Road
ROCK SOLID BALCATTA INVESTMENT
POTENTIAL 8% + NET RETURN ++ FURTHER DEVELOPMENT POTENTIAL
An exceptional opportunity to secure a prime commercial property on a corner location on Balcatta's premier arterial road.
Land Area:3,515 m2
Buildings:1,322 m2 approximately (single level)
The site is underdeveloped and has approximately 44 parking bays at a ratio of around 1:30 m2 of building area.
The property is located on the corner of Geddes Street and has access from two crossovers from both respective roads
Predominantly office with a lunch bar and muffler repair workshop/outlet (Grapline Mufflers).
Price: $3.65m sold as a going concern
This property is an ideal value add investment, offering the buyer the opportunity to increase the rental returns over the short term and capitalise on future additional development in an area renown for strong capital growth.
In any market, offerings like this are hard to secure and this property will sell quickly.
For all inquiries, please contact our office directly:
Terry Menage
0413 046 3...
terrym@rhc.com.au
Anthony Vulinovich
0411 516 3...
anthonyv@rhc.com.au
An exceptional opportunity to secure a prime commercial property on a corner location on Balcatta's premier arterial road.
Land Area:3,515 m2
Buildings:1,322 m2 approximately (single level)
The site is underdeveloped and has approximately 44 parking bays at a ratio of around 1:30 m2 of building area.
The property is located on the corner of Geddes Street and has access from two crossovers from both respective roads
Predominantly office with a lunch bar and muffler repair workshop/outlet (Grapline Mufflers).
Price: $3.65m sold as a going concern
This property is an ideal value add investment, offering the buyer the opportunity to increase the rental returns over the short term and capitalise on future additional development in an area renown for strong capital growth.
In any market, offerings like this are hard to secure and this property will sell quickly.
For all inquiries, please contact our office directly:
Terry Menage
0413 046 3...
terrym@rhc.com.au
Anthony Vulinovich
0411 516 3...
anthonyv@rhc.com.au
Property ID: 5783369Last Updated: 5 Dec 2013
235 Balcatta Road
Balcatta, WA 6021
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