UNIQUE LEASED INVESTMENT

Ray White Commercial (WA) is pleased to present 95 Maddington Road, Maddington to the Market for Sale as a rare opportunity to secure a unique leased investment.

Located 18km from the Perth CBD strategically positioned on the corner of Kelvin & Maddington Road, this property is home to two tenancies which provide good value for any landlord.

The main tenant has been trading on the property for over 20 years and because of the nature of their business, they are likely to be staying there for much longer. The other tenancy has been operating in the property for 2 years but is a stable business with a 6 year history in the area.

Property Details:
• Land Area 2,409sqm*
• Green Title Lot
• Building Area 650sqm*
• Frontage: 85m*
• Corner Position
• Two crossovers
• Two buildings

Lease Details:

Tenancy 1 (Hetherington Funerals)
Rent: $53,907pa + Outgoings + GST
Term: 3 Years
Options: 3 Years
Commencement Date: 1st March 2021

Tenancy 2 (Super Crystal Car Wash)
Rent: $16,149.96pa + Outgoings + GST
Term: 2 Years
Options: 3 Years
Commencement Date: 1st June 2021

For a copy of the Information memorandum and to book an inspection please contact the Agents:

Josh Sumner
Ray White Commercial (WA)
M: 0488 221 331
E: josh.sumner@raywhite.com

Enrique Reyes
Ray White Commercial (WA)
M: 0421 888 688
E: enrique.reyes@raywhite.com

* approximate

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