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Location:

1-3/12 , Boag Place, MORLEY, WA

Price:

$1,200,000 + GST (if applicable)

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Adjoining Strata Units With Holding Income

Type: FOR SALE

Property Features
  • Category : Industrial/Warehouse
  • Building Area: 654 Square Metres
  • Tenancy: Vacant

Property Description

An opportunity exists to acquire in one line, 3 adjoining strata warehouse units which can be split into 5 separate units with a combined improvement area of 654sqm*.

Units 1,2 3/12 Boag Place, Morley is positioned in an excellent location less than 300 metre from the Morley Galleria and approximately 10 kilometres to the Perth CBD.

Currently 2 out of the 3 strata units are leased for a combined income of $41,491.82p/a +Outgoings and GST.

Lot 1 - Vacant

bull; Size: 217sqm* (Based on the SP)
bull; Asking Rent: $25,000 per annum + outgoings + GST
bull; Outgoings - $3,923.44

Lot 2 (Unit 3)

bull; Size 203sqm* (Based on the SP)
bull; Use Mechanic
bull; Rent $19,200 p/a
bull; Outgoings: $4,130 p/a
bull; Term: Periodic (Has occupied for the past 3 years)
bull; Bond: $1,600

Lot 3 (Unit 4 5)

bull; Size: 234sqm* (based on the SP)
bull; Use: Car Restorer
bull; Rent: $22,291.56 p/a
bull; Outgoings: $4,532/a
bull; Term: Periodic 01/06/2020 until 01/06/2021
bull; Outgoings: $4,130.38
bull; Bond: $1,857.63

General

bull; Brick and metal cladding improvements built circa 1976
bull; No Strata Levies Payable (each unit separately insured)
bull; Combined outgoings $12,585.82
bull; City of Bayswater - Morley Activity Centre - Outer Core - Centre


For further information or to arrange an inspection please contact:

Tom Jones
M:[Phone Number Censored]
E: [Email Censored]
Ray White Commercial (WA)

*approximate

Property Agent

Advert Id:86706

Name: Tom Jones

Phone: 0478 7 ****

Ray White Commercial Wa
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