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Rockingham, 8/7 Railway Terrace

Investment

$730,000 Plus GST (if any)

Listing Number: WRH4863
About this listing
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.
Property Information
  • Tenure: Unit Title
  • Property Type: Retail, Tenanted Investment
  • Property Features: Large 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 Metres: 116
  • Legal details
    • Body corp fee $: 7792
  • Tenancy 1: Area Sqm: 116, Commencement Date: 2016-10-31T00:00:00.0000000, Expiry Date: 2020-10-31T00:00:00.0000000, 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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