$575,000 (No GST)

41 Owen Road, Kelmscott, WA 6111


Green Title Investment @ 6.5%- Price Reduced

Fantastic opportunity to buy a green titled block (not strata title)at an extremely competitive price with a very good tenant.
Current lease is $38,000 per annum Plus GST + Outgoings with the lease set to expire 31/5/2020. This shows a return of around 6.5% which is better than the banks.
Tenant is likely to want to stay but you have the opportunity to buy now and move into when the lease expires as well.
This is a general industrial block of over 1/2 acre (2074m2) with a small shed /workshop with toilets and showers.
Block is fully fenced, drained and fully trafficable.
Contact Mike Dunsmore 0413 754 110 for inspection

Property Info

Municipality
Kelmscott

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