Picture perfect leased retail investment - UNDER OFFER
Sold In May 2023
Picture perfect leased retail investment - UNDER OFFER
Unit 4/58 Erindale Road, BALCATTA WA 6021
What to like
New to market and available to purchase for the first time in almost 19 years, this leased retail investment is located in the tightly held Balcatta commercial business precinct. Its location benefits from its close proximity to the Mitchell Freeway on/off ramp, Balcatta Road and Reid Highway. The property comprises a 250 sqm strata titled unit and an adjoining 86sqm rear storage yard. It is situated within a complex of 5 single level units, and boasts ...
New to market and available to purchase for the first time in almost 19 years, this leased retail investment is located in the tightly held Balcatta commercial business precinct. Its location benefits from its close proximity to the Mitchell Freeway on/off ramp, Balcatta Road and Reid Highway.
The property comprises a 250 sqm strata titled unit and an adjoining 86sqm rear storage yard. It is situated within a complex of 5 single level units, and boasts direct exposure to Erindale Road and ample common parking at the front.
The property is currently leased to 'Framers Point'- a well established picture framing business that has been operating from the premises for over 5 years.
- Annual Net Rental of $30,750 p.a. + GST & Outgoings
- Leased until 08 July 2025, with a further 5 year option
- Substantial presence along the Erindale Road retail strip
Who to talk to.
For a copy of the IM or to seek any further information, contact the exclusive listing agent via the details below.
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The property comprises a 250 sqm strata titled unit and an adjoining 86sqm rear storage yard. It is situated within a complex of 5 single level units, and boasts direct exposure to Erindale Road and ample common parking at the front.
The property is currently leased to 'Framers Point'- a well established picture framing business that has been operating from the premises for over 5 years.
- Annual Net Rental of $30,750 p.a. + GST & Outgoings
- Leased until 08 July 2025, with a further 5 year option
- Substantial presence along the Erindale Road retail strip
Who to talk to.
For a copy of the IM or to seek any further information, contact the exclusive listing agent via the details below.
Who to talk to
Book an inspection
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While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.
Who to talk to
Book an inspection
By submitting your enquiry you agree to our privacy policy and terms and conditions.