1/66 Reserve Drive,
Mandurah, WA 6210
Warehouse, Factory & Industrial
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Map of 1/66 Reserve Drive
Long Lease - A Super Investment
This 279m2 is a modern, tilt panel showroom/warehouse strata in a group of only 2 units, thus there is no strata fees other than proportionate shared insurance and gardening and water useage.
The lessee is a well known Mandurah business that has been a long term tenant in the property and they have just extended their lease to November 2023 (ie. approx 4.5 years) and with further options of 3 years plus 3 years.
Rent is static at $33,600 to 30th November 2020, then there are 3% rent reviews.
This shows an approximate 7.65% return on the asking price, so be quick as leased investments do not last long and this is a real beauty.
Contact Peter Vetten, your Commercial Property Specialist with local knowledge and national strength.
M: 0403 584 4... E: pvetten@rhmandurah.com.au
The lessee is a well known Mandurah business that has been a long term tenant in the property and they have just extended their lease to November 2023 (ie. approx 4.5 years) and with further options of 3 years plus 3 years.
Rent is static at $33,600 to 30th November 2020, then there are 3% rent reviews.
This shows an approximate 7.65% return on the asking price, so be quick as leased investments do not last long and this is a real beauty.
Contact Peter Vetten, your Commercial Property Specialist with local knowledge and national strength.
M: 0403 584 4... E: pvetten@rhmandurah.com.au
Property ID: 503123446Last Updated: 6 Apr 2019
04035844...
1/66 Reserve Drive
Mandurah, WA 6210
Raine & Horne - MandurahShop 3, 12 Sutton Street
MANDURAH, WA 6210
MANDURAH, WA 6210
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