4/3 Shepherd Road, Mandurah, WA 6210

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)