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81 Canning Road Kalamunda, WA 6076

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81 Canning Road,
Kalamunda, WA 6076

Shops & Retail • Warehouse, Factory & Industrial

Price information

Sold

$2,165,000

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Tenure type

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Map of 81 Canning Road

Directions

SOLD - SOLD - SOLD - more like this required.

  • Solid long term tenant
  • 5 + 5 years remaining on lease
  • Busy main road location
Time has proven this property offers a secure, long term return with a secure long term business which has been in operation for close to 20 years.

Located on the corner of Canning & Collins Road opposite the Kalamunda Water Park this property ticks all the boxes:

>> Prominent location on busy main road (650m to Woolworths, 1.1km to Coles).
>> Corner lot with entry from Collins Road.
>> Long term lease (1st option period commenced Sep 2021 - 2nd option period 5 years from Sep 2026).
>> Established tenant - the Gym Tonic business has been in operation for close to 20 years with an excellent reputation.
>> Current rent at market rate with annual CPI increases, lease is secured by way of $50,000 bank guarantee.
>> Zoned Special use - Gym, options to develop at end of lease for residential group housing with potential for other commercial uses. (Subject to Scheme amendments being approved.)
>> Connected to deep sewerage, mains gas available.


Land area: 3,214m2
Building area: ~714m2 (floor area ~ 1,250m2)
Parking: 31 bays

Rent return: $165,000 per annum net.
Outgoings: ~$25,200 per annum. (paid by Tenant)
GST: The seller is registered for GST and the property will be sold NIL GST as a going concern.

All offers presented, please call for details.

Please contact Trevor Longwood Ph 0431 678 5... for further details.

Additional information

Property ID: 503916314Last Updated: 4 Aug 2022

0431 678 5...
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81 Canning Road
Kalamunda, WA 6076
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