5/7 Erindale Road,
Balcatta, WA 6021

Offered for sale is an extremely rare opportunity to secure an affordable leased investment property within near new complex and recently executed Lease extension.

Property Features:
- Strata Area: 331sqm
- High Exposure Showroom Location
- Operating as Janome Sewing Centre'
- New 3 year Lease (extension)
- Recognised Internationally Branded Tenant
- Surrounded by quality / national tenants
- Exposure to Approx. 30,000 cars passing daily
- Suspended Grid Ceiling
- Air conditioned
- Rear storage area with roller door & Hi-bay lighting

Auction conditions:
Deposit: 10% on fall of hammer
Settlement: 30 days (5th July 2013)

LEASE DETAILS -

Tenant:
Franchisee for Janome Sewing Centre
(Australia's #1 Sewing Machine company)

Lease Term:
3 years commencing 6th May 2013 (first option period)

Option:
3 years commencing 6th May 2016

Rental: (As of May 6th)
$55,472.64 p.a. plus outgoings plus GST

Outgoings:
Payable by the tenant, Budgeted at $10,910 p.a.

Rent Reviews:
Annually CPI increase / Market at option

AUCTION:
Wednesday 5th June 2013 Onsite 11am
(sold going concern for GST purposes)

Matthew Edwards
0402 515 2...
matthewe@rhc.com.au

Anthony Vulinovich
0411 516 3...
anthonyv@rhc.com.au