24, 257 Balcatta Road, Balcatta, WA, 6021

Welcome to Unit 24/257 Balcatta Road, Balcatta! This great leased investment offers a fantastic opportunity for those astute investors looking for long term security in a great location. Situated in a tightly held sought-after location, this property offers convenience and accessibility. With easy access to major roads and transportation options, commuting to and from this property is a breeze.

Strata area: 587sqm*

Lease details:

• Annual rent: $55,000pa plus Outgoings plus GST, condition in Lease for net rent to increase to $70,000per annum subject to a lift being installed.

• Lease term (subject to the above): 5 year term ending 9 October 2028 plus 5 year option.

• Security: 6 months Gross Rent

Property Features:

• Reception area, multiple offices, training rooms, board room and multiple kitchen areas

• New carpet and re-painted

• Lift access (TBC) owners are progressing with strata approval to install

• Street frontage with great signage opportunities

Asking Price: $1,100,000 ( Going concern)

For more information or to arrange an inspection, please call Gavin Lilleyman on 0431 834 775.

* Please note that all measurements are approximate.

Remember to mention you found this property on CommercialReady