For Sale: Premium Commercial Property in Rivervale With Rental Return

Professionals MC Commercial, is delighted to present Unit 2, 137 Great Eastern Highway, Rivervale.

Location:
Situated strategically on Great Eastern Highway, adjacent to the iFly (indoor skydiving) development, the property enjoys convenient access from both Great Eastern Highway and Belmont Ave. It is well-placed for access to Perth Airport (5 km) and the CBD (7 km).

Details:

Site Improvements: 302 sqm approximately
Site Area: 250 sqm
6 Parking bays including 2 internal car bays
Occupancy Status: The property comes with a 2+2-years lease-back arrangement.

Annual Rental: $57,750 PA plus outgoings

Rental Return 7% PA

Zoning: The City of Belmont confirms the property is zoned for Office use.


Statutory Approximately Outgoings:
Water Rates: $1,897.40 PA
Council Rates: $1,989.24 PA
Strata $ 1,073 PQ
Land Tax: $389.60 PA

For more details, please contact Robbie Doyle 0422978478