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Darrell Crouch & Associates Pty Ltd - Joondanna

1/127 Gingin Road Lancelin, WA 6044

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1/127 Gingin Road,
Lancelin, WA 6044

Offices • Shop & Retail

Price information

Sale

Leased Investment $245,000 Sold as a Going Concern

Key property information

Land area

Floor area

Tenure type

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0408 *** ***
Darrell Crouch & Associates Pty Ltd - Joondanna
1/127 Gingin Road
Lancelin, WA 6044
Darrell Crouch & Associates Pty Ltd - Joondanna
Vince Di Filippo

Darrell Crouch & Associates Pty Ltd - Joondanna

Suite 5, 21 Wanneroo Road
JOONDANNA, WA 6060

Map of 1/127 Gingin Road

Directions
  • Bus stops within 5 km of 1/127 Gingin Road, Lancelin, WA 6044Distance
    Vins Wy Lancelin127 m
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POWERED BY HERE ©

Looking for your first investment or ready to add another to your portfolio then this will fit the bill.

The tenants have just taken up their 3-year option period starting September 2020 so it is now tenanted until 2023 when a whole new lease can be negotiated. The original lease was for a 3-year period with the 3-year option.

This office has been an owned and operated freehold real estate business for the past 30 odd years up to 2017 when it became a leased office, continuing as a real estate business.

The office space is 72sqm and offers an open plan office area, reception area plus separate meeting room offering air conditioning to main office and to the smaller individual office. There is also a separate large built-in-storage area at the rear of the office space along with kitchen facility and separate toilet. Out the back door and you have your own personal enclosed 27sqm courtyard - ideal for the staff lunches and or meetings in the nicer weather.

Lancelin is a magnificent coastal town just 1 hour north of Joondalup and 1.5 hours to the airport. The office is located on the main street in the main shopping precinct "Lancelin Plaza". Just a short stroll to Lancelin Bay and adjacent to Wangaree Park this office has it all. Floor to ceiling glass shop frontage which is ideal for natural light in the office and for the window front displays for the public to view. It is next door to the successful Lancelin Surf Shop and on the corner of the walkway to Bendigo Bank.

This investment is showing a 7% Return - better than money in the bank and with Banks currently lending at under 3% the investment shows a great return.

For any other information or to have a look through, please contact Vince Di Filippo

Property ID: 503667450Last Updated: 19 Oct 2020

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Darrell Crouch & Associates Pty Ltd - Joondanna
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Vince Di Filippo

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Vince Di Filippo
Darrell Crouch & Associates Pty Ltd - Joondanna
1/127 Gingin Road Lancelin, WA 6044

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Vince Di Filippo

    Vince Di Filippo

    Darrell Crouch & Associates Pty Ltd - Joondanna
    0408 *** ***