36 Kulin Way, MANDURAH, Western Australia, 6210

  • 801sqm

For sale

$982,500 + GST

Modern 801m2 Showroom - Under $1225/m2

This modern tilt panel showroom/warehouse is approx 801m2 and situated on 1818m2 of freehold land.

There is one existing tenant in what was two units of approx 482m2 and 319m2 area, so there is future flexibility to divide into 2 tenancies. Great parking, lockable rear yard, good light and a transportable office are just some features.

The units are high truss with sisalation, there are evaporative coolers and 2 rear roller doors.

The property is tenanted to May 2021 and will offer a buyer a return around mid 7% so is vastly superior to bank interest. At only just under $1225/m2 this is unbelievable value compared to anything else like this that is available.

GST is to be treated as a going concern.

Contact Peter Vetten, your Commercial Property Specialist with Local Knowledge & National Strength. 0403 584 466 [email protected]

TenantedYes

Property Info:

  • Property ID: 21176659
  • Property Type:
  • Building / Floor Area: 801 sqm
  • Land Area: 1818.0 sqm

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R&H Suburb Profile: Mandurah

R&H Suburb Summary Houses
Number of sales 108
Average Price $273,884
Median Price $250,000
Median Rental Price $270 p.w.
Change in Rental Rate (5yr) -18 %
R&H Suburb Summary Units
Number of sales 123
Average Price $350,052
Median Price $230,500
Median Rental Price $270 p.w.
Change in Rental Rate (5yr) -29 %
Mandurah, WA - Median Trend