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Vast Property Group - JOLIMONT

13/2 GILLAM STREET Kelmscott, WA 6111

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13/2 GILLAM STREET,
Kelmscott, WA 6111

Showrooms & Bulky Goods • Warehouse, Factory & Industrial • Shop & Retail

Price information

Sale

$1,260,000

Key property information

Land area

Floor area

Municipality

Private inspections

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0403 *** ***
Vast Property Group - JOLIMONT
13/2 GILLAM STREET
Kelmscott, WA 6111
Vast Property Group - JOLIMONT

Vast Property Group - JOLIMONT

58 Jersey Street
JOLIMONT, WA 6014

Map of 13/2 GILLAM STREET

Directions
  • Train stations within 5 km of 13/2 GILLAM STREET, Kelmscott, WA 6111Distance
    Challis Station473 m
    Sherwood Station731 m
    Kelmscott Station2 km
    Armadale Stn Armadale 12.6 km
    Armadale Station2.6 km
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  • Bus stops within 5 km of 13/2 GILLAM STREET, Kelmscott, WA 6111Distance
    Williams Rd After Champion Dr595 m
    Champion Dr Before Keira St642 m
    Champion Dr After Williams Rd698 m
    Albany Hwy After Lilian Av788 m
    Albany Hwy After Ecko Rd794 m
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POWERED BY HERE ©

Attractive leased investment opportunity

  • Net yield 7.3%
  • Excellent long term tenant
  • Management fees paid through outgoings
Located in the Kelmscott industrial estate these concrete tilt buildings offer a net yield of 7.3% combined on a standard commercial lease with an excellent long term tenant (3+3+3)

Property 1 $360,000 Net income $27,000 per annum
Property 2 $960,000 Net income $65,000 per annum
Total $1.260,000

In addition to the net rent the lease will require the tenant to pay GST and all outgoings (including Management fees)

This is a sale and lease back transaction.

A commercial property lease will be provided

Property 1: 3/23 Gillam Drive Kelmscott

- Aproximately 20 years old
- 270 sqm
- Ample parking
- High access roller door (manual)
- Zoned Industrial
- Separate utilities
- One evaporative airpreconditioning unit
- One single room toilet
- One smaill office area

Property 2: 13/2 Gillam Drive Kelmscott

- Approximately 20 years old
- 590 sqm
- Double entry /exit facilities
- Access to the rear of property for semi trailers
- Two evaporative units and two reverse cycle units in building
- Three toilets
- Fully monitored alarm system
- 9kw solar power system
- Ample parking

Contact Michael Danagher on 0403 049 989


Property ID: 503771662Last Updated: 18 May 2021

Agency contacts

Vast Property Group - JOLIMONT
58 Jersey Street
JOLIMONT, WA 6014
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Michael Danagher

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Michael Danagher
Vast Property Group - JOLIMONT
13/2 GILLAM STREET Kelmscott, WA 6111

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

Kind Regards,

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