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Rockingham, 8/7 Railway Terrace

Investment

$730,000 Plus GST (if any)

  • Listing Number: WRH4863
Property Information
Commercial premises located in busy shopping/business precinct. Excellent pedestrian & vehicular traffic. Large 117sqm ground floor retail premises in high-rise complex. Fully air conditioned with wide shop frontage. Currently leased until 31st October 2020 with a five year option & the tenant being responsible for all outgoings. On the current lease the income will return 6-7% on investment. This property is in a sought after location only 100m to the beachfront & within the designated foreshore development precinct.
Call Exclusive Agent Graeme Garwood on 0412 095 306 for further details.
Floor Area116 sqm
Land Size116 sqm
TenureUnit Title
Property TypeRetail, Tenanted Investment
Property FeaturesLarge retail 116sqm shop, in prime location only 100m to the beach, with new 5 year lease in place., Building Name: The Boardwalk, Level Number: ground
Floor Area
Retail Square Metres116
Legal details
Body corp fee $7792
Tenancy 1Area Sqm: 116, Commencement Date: Monday, 31 October 2016, Expiry Date: Saturday, 31 October 2020, Rights of Renewal: 5 year option, Tenant Name: Westmore, Term (years): 2020

Contact Details

Harcourts Rockingham

Shop 12, 5-7 Railway Tce
Rockingham
Office website

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