3/16 Sutton Street,
Mandurah, WA 6210
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CITY CENTRE INVESTMENT
Commercial property has long been the wise choice for property investors, for many reasons.
Typically a residential property for investment usually yields around 4% to 5% with the owners paying the rates, insurances, and sometimes strata levies.
In a commercial investment yields are typically above 7% with the tenants picking up the rates, insurances and general outgoings.
When considering commercial investment the age old real estate adage of Location, Location, Location certainly applies. Properties with good access to parking, high visibility to attract passing shoppers and access to banks, post office and professional services are particularly sought after.
Located on busy Sutton Street in the heart of the Mandurah CBD this 52m2 shop is zoned City Centre and has customer parking at the front door with very good visibility from busy Sutton Street.
Currently leased to a long term tenant through to 2014 with options in place, this is an investment ready to start earning from day one.
Priced at $215,000 makes this a very affordable commercial investment in a sound retail complex with a strong rental history.
To find out more, contact the Commercial Specialist with over 20 years experience selling Mandurah properties, Frank Lawrence on 0412 9033... or call into H & N Perrys waterfront office in Mandurah terrace.
Typically a residential property for investment usually yields around 4% to 5% with the owners paying the rates, insurances, and sometimes strata levies.
In a commercial investment yields are typically above 7% with the tenants picking up the rates, insurances and general outgoings.
When considering commercial investment the age old real estate adage of Location, Location, Location certainly applies. Properties with good access to parking, high visibility to attract passing shoppers and access to banks, post office and professional services are particularly sought after.
Located on busy Sutton Street in the heart of the Mandurah CBD this 52m2 shop is zoned City Centre and has customer parking at the front door with very good visibility from busy Sutton Street.
Currently leased to a long term tenant through to 2014 with options in place, this is an investment ready to start earning from day one.
Priced at $215,000 makes this a very affordable commercial investment in a sound retail complex with a strong rental history.
To find out more, contact the Commercial Specialist with over 20 years experience selling Mandurah properties, Frank Lawrence on 0412 9033... or call into H & N Perrys waterfront office in Mandurah terrace.
Property ID: 500390795Last Updated: 13 Dec 2013
04129033...
3/16 Sutton Street
Mandurah, WA 6210
H & N Perry - Mandurah54 Mandurah Terrace
MANDURAH, WA 6210
MANDURAH, WA 6210
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