FOR SALE $1,714.000 NIL GST - BEING SOLD AS A GOING CONCERN

PROPOSED STRATA UNIT AREA
246 square metres

TITLE DETAILS:
Proposed Lot 1 Strata Plan 55945, Volume & Folio to be created

ZONING:
The property is zoned “Commercial” under City of Wanneroo Agreed Structure Plan No.38 current zoning guidelines.

LOCATION:
The subject property is located in the Brighton Estate on the corner of Marmion Avenue and Kingsbridge Boulevard within a thriving local shopping centre precinct, forming part of a group of soon to be strata titled shops.

This centre is surrounded by recently developed residential estate in a thriving northern coastal Perth suburb between the Neerabup National Park and the Indian Ocean coast line. Regarded as one of Australia’s fastest selling coastal communities and the fastest growing residential area in the City of Wanneroo the area is primed for even further expansion. The extension of Marmion Avenue to Yanchep and the continuation as one of the Satterley Groups premier residential developments should ensure the area maintains its strong growth record.

PROPERTY DETAILS:
The property has a proposed strata area of 246 square metres with a net lettable area of 251 square metres (as per the lease) and is located on the corner of Kingsbridge Boulevard and Marmion Avenue.

A modern single level retail development built approximately 2 years ago and is leased to one of the big four Australian Banks being the ANZ Bank with a Net passing income of $107,068.41 per annum Plus GST $10,706.85 (approximately). (A copy of the lease is available upon request).

GOODS AND SERVICES TAX:
The property is to be sold as a going concern therefore zero GST will apply to the sale.


FOR FURTHER DETAILS CONTACT
STUART BURLING 0412 742 339 email: stuartb@rfre.com.au
PAUL FARRIS 0424 888 778 email: paulf@rfre.com.au