11/34 Dunn Bay Road, Dunsborough WA 6281

BLUE CHIP INVESTMENT / SUPERIOR LOCATION

Commercial Heart of Dunsborough.

Fully Leased as Post Office with internal Strata Plan showing area of 152sqm.
Bonus Council approved mezzanine upstairs storage & kitchen consisting of 48sqm
Taking total Floor Area to 200sqm
Note internal freight elevator between levels
Brilliant exposure to huge passerby numbers & varied Retail and Hospitality businesses.
Net return of 3.8% on asking price for Freehold of circa $2,000,000
Current Rent $76,206 plus gst
Rent increases end October yearly by 3% or CPI whichever is lower
All outgoings payed by Lessee including but limited to Strata Levies (including reserve fund) , Water Corporation,
Land Tax on single ownership basis, Council Rates

Current Lease commenced 1st November 2022 for five years until 31 October 2027
Two option terms 5 years each with second option term ending 31 October 2037

Property sold as going concern not attracting GST

Copy of lease and Information Memorandum available on request

Call MURRAY PETER
mobile 0411188825
[email protected]