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Beckenham, 32 William Street


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Contact Details

Chris Farris
Mobile: 0413 945 667
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$3,950,000 (zero GST)

Land Size : 2016 m2
Type : Showrooms/Bulky Goods

EXCELLENT INVESTMENT

32 William Street
BECKENHAM/CANNINGTON border

LAND AREA - 2,016 square metres
BUILDING - 1,230 square metre
TWO TENANCIES No.1 showroom
No.2 showroom/warehouse

TENANCY SCHEDULE
Tenancy 1

280 square metres showroom fronting William Street with huge exposure.
Tenant: - Tackle West Pty Ltd

Lease Commencement and Term
Commencement Date:- 1st November 2018
Term 5 years plus 2 x 5 year optional
32 William Street
BECKENHAM/CANNINGTON border

LAND AREA - 2,016 square metres
BUILDING - 1,230 square metre
TWO TENANCIES No.1 showroom
No.2 showroom/warehouse

TENANCY SCHEDULE
Tenancy 1

280 square metres showroom fronting William Street with huge exposure.
Tenant: - Tackle West Pty Ltd

Lease Commencement and Term
Commencement Date:- 1st November 2018
Term 5 years plus 2 x 5 year optional periods
Rental:-$65,800 net per annum
Variable Outgoings:-Paid by the Lessee, Budget available on request.
Rent Reviews: 3% of the net rental every 18 months with a Market Review at the excising of the Optional periods capped at 5% of the net rental, this is a comprehensive review system.

Tenancy 2

950 square metres of Office Showroom and Warehouse
Tenant: - Imported Ceramics Pty Ltd (One of Perth's major ceramic suppliers)

Lease Commencement and Term
Commencement Date:-1st January 2019
Term:- 3 years plus 2 x 3 year optional period
Rental:-$190,000 net per annum
Variable Outgoings:- Paid by the Lessee, Budget available on request.
Rent Reviews: - 3% of the net rental every 18 months with a Market Review at the excising of the Optional periods, capped at 5% of the net rental, this is a comprehensive review system.

TOTAL INCOME $255,800 NET PER ANNUM

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