CENTRAL GERALDTON COMMERCIAL in GERALDTON, Western Australia for sale

Square Meters:
547
ref: 35A3E9848BEE
This property is presented by ListGlobally on behalf of: Alby Svenson of Professionals Midwest Realty
Price: $1,399,000 AUD
Located in the Geraldton business District this Forrest Street property is ideally tenanted with small business operations.
This investment property comprises four tenancies- two of which are leased to professional offices with long term tenants and one fitness coaching office.
The rear of the property has been leased as a warehouse/office.
The property has ample street parking and the exposure to both drive by and foot traffic.
ROI of 7.3% net
Lease Terms
3 years til 01/03/2014 plus 3x3 year options
Rent:$38,665.68 plus GST
5 years til 01/02/2015 plus 5 year option
$37,765.44 plus GST
6 months til 07/07/2013
Rent: $18,342.48 plus GST
5 years til 01/10/2013
Rent: $6,375.48 plus GST
A more detailed review of the leases and the land areas can be provided by contacting the managing/selling agent Alby Svenson on 0437 576 567
As conversion rates between global currencies change daily, the local currency displayed on this portal may not be applicable for the duration of the listing advertisement. The price of this property is listed in Australian Dollars (AUD) at the beginning of this description and that should be used as a price guide for this property.
(listglobally ref.: #)