Share this property

13/91 Champion Drive Kelmscott, WA 6111

Directions

13/91 Champion Drive,
Kelmscott, WA 6111

Warehouse, Factory & Industrial • Showrooms & Bulky Goods

Price information

Sale

$450,000 - Sale of Going Concern

Key property information

Land area

Floor area

Car spaces

Parking info

Zoning

Tenure type

Return

Private inspections

to arrange a private inspection.

Map of 13/91 Champion Drive

Directions
  • Train stations within 5 km of 13/91 Champion Drive, Kelmscott, WA 6111Distance
    Challis Station1.1 km
    Sherwood Station1.3 km
    Kelmscott Station2.1 km
    Armadale Stn Armadale 12.9 km
    Armadale Station3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 13/91 Champion Drive, Kelmscott, WA 6111Distance
    Seville Dr After Champion Dr140 m
    Champion Dr After Gillam Dr144 m
    Champion Dr Before Keira St259 m
    Seville Dr After Gillam Dr313 m
    Third Av After Hollybush Wy401 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strategic Investment Asset around 7 % Return

Great Investment asset on busy road in Kelmscott Industrial area.
Located on Champion Drive (No 91) opposite the Seville Grove Shopping Centre this is a prime location.

This is a front unit of 376m2 built of brick and iron roof construction with 620m2 of land that adjoins the property.

Property is one (1) Strata unit but is broken into two rentable units that currently have tenancies in place as follows;

Unit 13 2 year lease expires 1/5/2022 with 2 year option
Rental $22980pa + GST
Portion outgoings paid by tenant
Unit 14 2 year lease expires 30/6/2022 no option
Rental $14,400 pa (GST exempt)
Portion outgoings paid by tenant

Currently the tenants pay the Shire rates $3360 whilst the owners pays Strata levies $4488pa (approx) and water rates $250 pa.

This shows this investment can net approx $32,000 per annum to the new buyer which is about a 7 % return.
Now that is better than the interest rates currently paid by banks on term deposits.

Given the location of these units they have always found tenants with relative ease so this is an opportunity for a strategic buy in a good location with sound returns in place .

Contact Mike Dunsmore 0413 754 110 for inspections - please respect the business owners and organise a viewing first

Property ID: 503720630Last Updated: 9 Apr 2021

0413 *** ***
realcommercial.com.au logo
13/91 Champion Drive
Kelmscott, WA 6111

Agency contacts

O'Neil Real Estate
2925 Albany Highway
KELMSCOTT, WA 6111
View agency profile

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.
progress tick

Sending email...

Email enquiry

Send to:

Mike Dunsmore
O'Neil Real Estate
13/91 Champion Drive Kelmscott, WA 6111

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call