Commercial property has long been the wise choice for property investors for many reasons.

Typically a residential property for investment usually yields returns of about 4% to 5% with the owners picking up the rates, insurances and sometimes strata levies.

In a commercial investment yields are typically above 7% with the tenants picking up the rates, insurances and general out goings.

When considering commercial investment the age old real estate adage of Location Location Location certainly applies. Properties with good access to parking, high visibility to attract passing shoppers and access to banks, post offices and professional services are particularly sought after.

Located on busy Sutton Street in the heart of the Mandurah Central Business District this 52 m2 shop is zoned City Centre and has customer parking at the front door with very good visibility from Sutton Street.

Currently leased through to early next year there is strong interest from a second tenant wanting to move in if the incumbent tenant decides to move.

Priced at $215,000 makes this a very affordable property investment in a sound retail complex with a strong rental history.

To find out more details contact the Commercial specialist Frank Lawrence on 0412 9033... or call into H & N Perrys waterfront office in Mandurah Terrace.