Leased Investment for Sale

99 Erindale Road
Balcatta WA 6021

$2,550,000 (Going Concern)

  • 1248.00sqm

This investment opportunity is suitable for sophisticated investors, property syndicate or self managed super funds. The property is located in Balcatta just 13.2km north from the Perth CBD with great access to major arterial roads being within close proximity to the Mitchell Freeway, Reid Highway and Balcatta Road.

Retail/Showroom: 470sq m*
Warehouse: 778sq m*
Total building area: 1,248sq m*

Property features:
* New 3 year lease to April 2023
* Options to 2029
* High profile location with street front exposure to Erindale Road with 24,000** vehicles passing daily
* Long term tenant, 43 years business operator
* High quality fitout
* Ample parking
* Net Income: $162,800 pa + GST
* Lessee pays outgoings as per the lease

For further information or to arrange an inspection, please contact Ric Olivieri

* Please note all areas are approximate
** Data sourced by Main Roads

Contact Agent

Information Request