11/12 Milford Street, East Victoria Park WA 6101

SALE CURRENTLY ON HOLD - Contact Agent

Highlights

• Tightly held inner suburban location
• Leased Investment

PLEASE NOTE: The sale is currently on hold whilst a strata matter is being finalised. Please continue to send enquiries and we will contact you when we are able to recommence marketing the property.
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We are pleased to offer this neat and tidy light industrial unit within inner suburban East Victoria Park.

Within a tightly held location and with a high underlying land value, these offerings in this location are a rare find. Whether you are an investor seeking yield or a future owner occupier, this could be the opportunity to secure your future premises or hold and capitalise on low vacancy within the light industrial sector.

Property is built with full brick elevations, concrete floor and steel framed, metal deck roof.

The unit provides great access on the corner of Swansea Street East and Milford Street, with front roller door access. The corner location of the group provides multiple access points from both street frontages.

Key specifics include:
• Commercial/Industrial Unit
• 186 sqm strata
• Neat Complex
• Inner suburban light industrial location

Currently leased on a 4 year term (option now exercised to Sept 2026) at a gross rental of $28,428 per annum (3% review to be applied Sept 2024).

Strata Levies: $1,137 /quarter
Council Rates: $2,555 /annum
Water Rates: $1,522 /annum

Strata Master parcel sized at 9,333 sqm approx which is a large inner suburban landholding to be a part owner of.

Please contact James Cornell on 0401 362 623 for further information or to arrange and inspection.

Disclaimer – We have provided this information based on our knowledge in good faith on a no liability basis. We strongly recommend making your own enquiries to satisfy yourself on all the above information and contact relevant statutory bodies where appropriate.