4/3 Barnett Court,
Morley, WA 6062
Warehouse, Factory & Industrial
Price information
Sold
$390,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 4/3 Barnett Court
Entry Level Leased Investment
Ray White Commercial (WA) is pleased to present for sale 4/3 Barnett Court, Morley. This presents as an excellent opportunity for an entry level investor looking to start their property portfolio.
Property Specifics Include:
• 180sqm of warehouse improvements
• 253sqm total strata area
• 4 exclusive car bays
• Kitchenette and single WC
• High bay lighting
Lease Specifics Include:
• Tenant: Old School Motorcycles Service and Repairs
• Term: 3 year term expiring 31st August 2023 with a 3 year option
• Security: Personal Guarantee only
• Rent: $22,690.90pa gross (inc outgoings)
• Rent Increase: fixed 4% annual increases and market review at options
Outgoings Include:
• Water Rates $2,000
• Strata Rates $900
• Council Rates $2,400
• Strata building Insurance: $1,200
• Total $6,500
ASKING PRICE $415,000 nil GST - sold as a going concern
The property is located within the heart of the well-established and recognised Morley Commercial / Industrial precinct and is only a short walk away from the Transperth Morley Bus terminal and Morley Galleria Shopping Centre. The property boasts suburb access to major arterial thoroughfares such as Walter Road, Collier Road, Tonkin Highway and numerous others.
Further internal images available upon request.
For more information or to arrange an inspection please contact:
Tom Jones
Ray White Commercial (WA)
M: 0478 771 1...
E: tom.jones@raywhite.com
Property Specifics Include:
• 180sqm of warehouse improvements
• 253sqm total strata area
• 4 exclusive car bays
• Kitchenette and single WC
• High bay lighting
Lease Specifics Include:
• Tenant: Old School Motorcycles Service and Repairs
• Term: 3 year term expiring 31st August 2023 with a 3 year option
• Security: Personal Guarantee only
• Rent: $22,690.90pa gross (inc outgoings)
• Rent Increase: fixed 4% annual increases and market review at options
Outgoings Include:
• Water Rates $2,000
• Strata Rates $900
• Council Rates $2,400
• Strata building Insurance: $1,200
• Total $6,500
ASKING PRICE $415,000 nil GST - sold as a going concern
The property is located within the heart of the well-established and recognised Morley Commercial / Industrial precinct and is only a short walk away from the Transperth Morley Bus terminal and Morley Galleria Shopping Centre. The property boasts suburb access to major arterial thoroughfares such as Walter Road, Collier Road, Tonkin Highway and numerous others.
Further internal images available upon request.
For more information or to arrange an inspection please contact:
Tom Jones
Ray White Commercial (WA)
M: 0478 771 1...
E: tom.jones@raywhite.com
Additional information
External websites
Property ID: 504012439Last Updated: 27 Apr 2023
RWC - WA
12-14 The EsplanadePERTH, WA 6000
04787711...
4/3 Barnett Court
Morley, WA 6062
RWC - WA12-14 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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