1/20 Signal Terrace,
Cockburn Central, WA 6164

Shops & Retail

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 1/20 Signal Terrace

Directions

Leased Investment Opportunity

Net Income $28,008pa
Current Yield 7.59%
Ground Floor with 3 Exclusive Car Bays

Burgess Rawson are pleased to present to the market for sale this commercial leased investment. The property comprises of 88sqm* ground floor Hair Salon leased until July 2021 plus a further option until July 2026.

The net income is $28,008 plus GST with fixed 3.5% increases during the term and a market review at the end of the option. The property comes with 3 exclusive car bays, as well as communal restroom facilities. The property offers a modern hair salon fit out. Walking distance to the Cockburn Train Station.

Features
+ Leased until July 2021 plus options to July 2026
+ Net income of $28,008pa + GST
+ Current Yield 7.59% pa
+ 88sqm* with 3 car bays
+ Leased Investment
+ Well located off the Cockburn Central Train Station
+ Ideal for Superfund

Total Area: 88sqm*

Net Income
$28,008pa + GST

Car Bays
3 exclusive bay

Statutory Outgoings
Strata Levies: $912 per quarter*
Water Rates: $1,418.04pa*
Council Rates: $2,831pa*

Land Details
Lot 131 on Strata Plan 63457 Volume 2810 Folio 431

Goods and Services Tax
The property will be sold as a Going Concern.

For further details please contact the exclusive selling agent Chris Tonich.

* Approx

Cockburn Central, 6164 demographic data

The median household income for Cockburn Central is $1,626, 13% lower than Greater Perth's household income of $1,865. Cockburn Central has a younger age profile compared to the rest of Greater Perth (median age 31 vs 37). Property ownership data shows 70% of property owners in Cockburn Central have a mortgage.

1,521

Population

$1,626 per week

Median household income

31 years

Median age

Renters

Most residents

Families

Most households