Excellent Commercial Property - Potential 7% ROI for Investor

SOLD

1/4 Godfrey Street

Walliston WA 6076

Industrial

FOR SALE

368m2

An excellent opportunity to own a strata lot commercial property in the Walliston Industrial area currently operating as an automotive repair business.

Features of this outstanding property include:

**Main Workshop approx. 258sqm (inclusive of office and mezzanine)
- air conditioning
- 3 phase power
- security system including alarm, cameras and monitoring
- solar panels
- electric hot water system
- broadband access
- secure offstreet parking
- remote controlled gate
- high insulated roof
- 3 large roller door access
- kitchenette facilities
- male and female toilets
- potential rent of $21,000p/a (currently owner occupied)


**Rear Workshop 120sqm
- air conditioning
- large roller door access
- 3 phase power
- security system including alarm, cameras and monitoring
- kitchenette facilities
- currently leased at $14,400p/a + outgoings and 50% of land rates


**Supplemental Lease
- communication antenna on roof with access to a small contained area for associated electronic equipment
- currently leased at $13,200p/a (5 + 2 option)

Potential to receive 3 rental incomes totalling $48,600p/a for the astute investor or $27,600p/a for an owner occupier of the main workshop.

For further information, or to arrange an inspection, please call

Visit No Agent Business