Property ID: 1P0431
1/35 Prindiville Drive Wangara WA
UNDER CONTRACT
-
Retail
-
For Sale
-
65 sqm
UNDER OFFER - LONG ESTABLISHED BARBER SHOP
UNDER OFFER
Williams Barbershop has been a long running, established business bordering the Wangara markets.
* Strata Titled Leased Investment with Strong Income
* 65m2 Retail Shop
* Lease in Place at $26,400 + GST per anum
* 3% yearly increases
* Lease expiry as at 16th May 2029 plus a further 5 year option
* Tenant to pay outgoings budgeted at $6,700 per anum
* Bonus Income from ATM Machine Rental of $7,200 + GST per year
BONUS INCOME - There is an agreement in place with NEXT Payments till 22/06/2029 for the property to have an ATM Machine located at the front of the unit. In this agreement NEXT pays the landlord $600 + GST per month plus $1 for every transaction over $800 transactions for the month. This returns a minimum of $7,200 per year to the landlord.
For further details and / or to inspect please contact Scott Durell at Realty Source on 0400 500 288.
Williams Barbershop has been a long running, established business bordering the Wangara markets.
* Strata Titled Leased Investment with Strong Income
* 65m2 Retail Shop
* Lease in Place at $26,400 + GST per anum
* 3% yearly increases
* Lease expiry as at 16th May 2029 plus a further 5 year option
* Tenant to pay outgoings budgeted at $6,700 per anum
* Bonus Income from ATM Machine Rental of $7,200 + GST per year
BONUS INCOME - There is an agreement in place with NEXT Payments till 22/06/2029 for the property to have an ATM Machine located at the front of the unit. In this agreement NEXT pays the landlord $600 + GST per month plus $1 for every transaction over $800 transactions for the month. This returns a minimum of $7,200 per year to the landlord.
For further details and / or to inspect please contact Scott Durell at Realty Source on 0400 500 288.
Features
- Air Conditioning
