4/3 Shepherd Road, Mandurah, WA 6210
Sold
Long Lease To National Tenant
We have the pleasure of being able to offer a large, modern, strata showroom with a total area of approx. 1284m2 in a small group of 5.
Situated alongside/nearby to other national tenants this is a golden opportunity to lock in a good lease covenant in a well exposed location in Mandurah's premium showroom precinct.
The property is leased to 25th February 2026 and has 3 x 5 year options. The net rental equates to approx. $173,000 net pa.
The showroom is a modern, tilt panel with metal deck roof and 6 x large evaporative air conditioners.
Being the end unit it has exposure to 3 sides with the rear being for loading bay/roller door.
There is another main drawcard lessee adjoining being Freedom (furniture) and over the road is a Harvey Norman on one side and Amart and Snooze on the other side,
If you want to lock in an investment in a great location with a well known national tenant then please email the agent for an Information Memorandum. Peter Vetten [email protected] 0403584466.
The property is to be sold via an Offers Invited process, closing Tuesday 2pm on 22nd February 2022, unless sold prior.
Guideline Price: the seller is seeking offers in excess of $2.5mil (GST to be on a Going Concern basis)
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L6026047
- Property Type:Showrooms/Bulky
- Building / Floor Area:1215 sqm
- Land Area:1284 sqm