1/2 Gordon Road, Mandurah, WA 6210

  • 506 sqm

Sold

Sold

FOR SALE - 1/2 Gordon Road, Mandurah

By Offers Invited – Closing 4pm 30th March 2021

• National tenant – been there since new ie December 2004

• Leased to Mid December 2024 + 3 year option

• High exposure location

• Net rent is approx. $96,719 (less management fee if required)

• High profile 506m2 Strata facing the street

• Rear roller door access

This is a super little investment opportunity as this property has a well known national tenant that has been in the premises since it was constructed.

Being situated near tenants like Harvey Norman and Freedom Furniture and other well known names, this property is in a prime location in the retail/bulky goods precinct.

For further details, contact your local specialist commercial agent – Peter Vetten to receive an Information Memorandum on the property.

DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.

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Property Info:
  • Property ID: L6170436
  • Property Type: Showrooms/Bulky Goods
  • Building / Floor Area: 506 sqm
  • Land Area: 506.0 sqm
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R&H Suburb Profile: Mandurah

R&H Suburb Summary Houses
Number of sales 154
Average Price $318,893
Median Price $280,000
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) -3 %
R&H Suburb Summary Units
Number of sales 206
Average Price $394,878
Median Price $287,500
Median Rental Price $300 p.w.
Change in Rental Rate (5yr) -8 %
Mandurah, WA - Median Trend
$280,000