273 Railway Avenue,
Armadale, WA 6112
Medical & Consulting • Shops & Retail • Offices
Price information
Sold
Contact Agent
Key property information
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map of 273 Railway Avenue
SOLID INVESTMENT WITH UPSIDE - Price Reduced
It is our pleasure to present to the market this rare opportunity. This property offers a terrific opportunity to purchase a hugely prominent site in a fantastic location.
The property currently boasts two very solid 5 year tenancies and also has a further vacant 77 m2 retail site which is available for lease to increase your return.
All of this is on one Title.
The existing LEASE DETAILS are as follows:
Lessee: Medical Practice
Annual Rental: $180,000 + GST (Gross)
Lease term: Until 1/1/2016 + 5 year option
Rent Reviews: Annual CPI reviews, market review at commencement of option
Lessee: Physiotherapist
Annual Rental: $21,600 + GST (Gross)
Lease term: Until 1/11/2015 + 5 year option
Rent Reviews: Annual CPI reviews Market review 2013 & 2015
The vacant 77sqm retail space is currently being advertised for lease at $1,250 pcm (Gross) + GST ($15,000 + GST annually)
The overall site is 2841sqm and includes 655sqm of building area along with 40 on site car parking bays. The property is located across the road from the Sherwood train station and has significant traffic flow along Railway avenue and Champion Drive making it attractive to operate a business from.
For more information on this great opportunity please contact Mike Dunsmore on 0413 754 1....
The property currently boasts two very solid 5 year tenancies and also has a further vacant 77 m2 retail site which is available for lease to increase your return.
All of this is on one Title.
The existing LEASE DETAILS are as follows:
Lessee: Medical Practice
Annual Rental: $180,000 + GST (Gross)
Lease term: Until 1/1/2016 + 5 year option
Rent Reviews: Annual CPI reviews, market review at commencement of option
Lessee: Physiotherapist
Annual Rental: $21,600 + GST (Gross)
Lease term: Until 1/11/2015 + 5 year option
Rent Reviews: Annual CPI reviews Market review 2013 & 2015
The vacant 77sqm retail space is currently being advertised for lease at $1,250 pcm (Gross) + GST ($15,000 + GST annually)
The overall site is 2841sqm and includes 655sqm of building area along with 40 on site car parking bays. The property is located across the road from the Sherwood train station and has significant traffic flow along Railway avenue and Champion Drive making it attractive to operate a business from.
For more information on this great opportunity please contact Mike Dunsmore on 0413 754 1....
Property ID: 5760573Last Updated: 5 Dec 2013
04137541...
273 Railway Avenue
Armadale, WA 6112
O'Neil Real Estate - KELMSCOTT2925 Albany Highway
KELMSCOTT, WA 6111
KELMSCOTT, WA 6111
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
