Sold

2/158 Frederick Street,
Broome 6725, Western Australia

2,186m² land size
982m² building size
Retail

$3,800,000


Property details

A-CLASS LEASED INVESTMENT - CABLE BEACH, BROOME WA

Ray White Commercial (WA) and PRD Broome present 158 Frederick Street, Broome WA for sale.

This commercial showroom/retail investment comprises modern buildings in a prominent central location.

The property is fully leased by REPCO and North Regional TAFE being long term stable secure tenancies.

Both tenants have recently reviewed and the property is and achieving a current net income is $316,423pa.

The Location:
• Broome is the largest town in the north west Kimberley region
• The property occupies a major arterial road corner position

The Property:
• The buildings are of an attractive contemporary design
• Versatile high end commercial / retail uses approved

The Covenants:
• A-class Government and International lease covenants
• Property meets stringent occupancy criteria of this tenancy class
• Both tenants are well established and recently renewed leased
• Both tenants have high grade internal fit-outs

To discuss and obtain further details contact:

Brett Wilkins
Ray White Commercial (WA)
E: brett.wilkins@raywhite.com
M: 0478 611 168

Michael Milne
Ray White Commercial (WA)
E: michael.milne@raywhite.com
M: 0403 466 603

Andrew Blackley
PRD Broome Real Estate
E: andrew@prdbroome.com.au
M: 0409 113 358

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