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Mandurah, 26 Rouse Road


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Contact Details

Chris Farris
Mobile: 0413 945 667
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OFFERS INVITED

Land Size : 1821 m2
Type : Retail

OUTSTANDING EXPOSURE WITH BUSY TRAFFIC FLOW

OUTSTANDING EXPOSURE - Mandurah Road and Frontages to Rouse Road and Canton Fairway
TRAFFIC FLOW - Approximately 32,250 cars and trucks daily use Mandurah Road
LAND AREA - 1,821 square metres
IMPROVEMENTS - Modern tilt panel construction Showroom/Warehouse, 850 square metres in size
LEASE TERM - 7 years plus 2 x 5 year optional periods
LEASE COMMENCEMENT - 1st September 2019
RENTAL - $142,750.00 net per annum plus GST
RENT REVIEWS - Equal to 3.5% annually of
OUTSTANDING EXPOSURE - Mandurah Road and Frontages to Rouse Road and Canton Fairway
TRAFFIC FLOW - Approximately 32,250 cars and trucks daily use Mandurah Road
LAND AREA - 1,821 square metres
IMPROVEMENTS - Modern tilt panel construction Showroom/Warehouse, 850 square metres in size
LEASE TERM - 7 years plus 2 x 5 year optional periods
LEASE COMMENCEMENT - 1st September 2019
RENTAL - $142,750.00 net per annum plus GST
RENT REVIEWS - Equal to 3.5% annually of the net rental with a Market Review at the exercising of the first optional period.
TENANT - Highgrove Bathrooms Pty Ltd (35 stores across Australia)
GUARANTEES - Bank and Director's Guarantees.

GENERAL - This is an excellent Blue Chip Investment opportunity in this high profile Retail/ Commercial Precinct in the ever expanding Mandurah precinct.
66 klms south of the Perth CBD with a national tenant in place and the lease commencing in the short term future 1st September 2019.

OFFERS INVITED

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