2/3 BINLEY PLACE, Maddington WA 6109

Rare opportunity to secure a leased investment with a long stating tenant with proven track record. Ticks plenty of boxes for the astute investor including any future potential development upside.

The subject property offers:

• 261 sqm of ground floor strata area
• This unit is one of only two units in the complex (circa 50%)
• Total strata land area circa 1,413 sqm
• Currently zoned 'Regional Centre' with potential Residential R160 density capable in the proposed LPS No.24 subject to planning approval
• Sold with a Lease in place
• Sold as a Going Concern
• Annual Net rent of $53,191 with fixed annual 4% increases
• Tenant has options until 28 March 2033
• Long standing Tenant, been in occupation since 2014
• Located in a well-established precinct on the doorstop of Maddington Central Shopping Centre.

Don't miss out, good quality leasing investment opportunities like these are hard to find.

OFFERS INVITED CLOSING 8TH AUGUST 2024 at 4 pm (WST).

ALL OFFERS WILL BE PRESENTED.

The Seller reserves the right to sell the property at anytime.

Contact Max Vaghella to request a copy of the Information Memorandum.