27 Shields Crescent,
Booragoon, WA 6154
Warehouse, Factory & Industrial • Offices • Other
Price information
Sold
$1,800,000
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Castelli Commercial
112 North Lake RoadMYAREE, WA 6154
27 Shields Crescent
Booragoon, WA 6154
Map of 27 Shields Crescent
INVEST OR DEVELOP
Castelli Commercial and listing agents Josh Sumner and Enrique Reyes are pleased to present 27 Shields Crescent Booragoon to the market for Sale.
This offering presents a great opportunity to secure a property in a strongly held precinct. With a lease in place, purchasers enjoy the flexibility of having holding income while applying for a Development Approval to build their dream Commercial Property. For investors who intend to hold the property for a while longer, the rent increases annually and will be reviewed to market rent at the renewal of the Lease.
Key Features Include:
- 919m2* Green Title Lot
- 569m2* Building Footprint
- Well Presented Front Office
- Multiple Roller Doors
- Ability to split tenancies (two warehouse areas)
- 3 Phase Power
- Zoned Service Commercial
Lease Details:
- 5 year Lease expiring March 2026
- Further 5 Year Option
- 3% Annual Increases/Market Review at The Option
- Current Net Rent $53,049.24 per annum
- 3% Increase scheduled on the 20th March 2024
For more information and to schedule an inspection, please contact:
Josh Sumner - 0473 473 2...
Enrique Reyes - 0448 888 1...
This offering presents a great opportunity to secure a property in a strongly held precinct. With a lease in place, purchasers enjoy the flexibility of having holding income while applying for a Development Approval to build their dream Commercial Property. For investors who intend to hold the property for a while longer, the rent increases annually and will be reviewed to market rent at the renewal of the Lease.
Key Features Include:
- 919m2* Green Title Lot
- 569m2* Building Footprint
- Well Presented Front Office
- Multiple Roller Doors
- Ability to split tenancies (two warehouse areas)
- 3 Phase Power
- Zoned Service Commercial
Lease Details:
- 5 year Lease expiring March 2026
- Further 5 Year Option
- 3% Annual Increases/Market Review at The Option
- Current Net Rent $53,049.24 per annum
- 3% Increase scheduled on the 20th March 2024
For more information and to schedule an inspection, please contact:
Josh Sumner - 0473 473 2...
Enrique Reyes - 0448 888 1...
Property ID: 504530312Last Updated: 5 Apr 2024
Castelli Commercial112 North Lake Road
MYAREE, WA 6154
MYAREE, WA 6154
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