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1413 - 1417 Albany Highway, Cannington

Overview

Address 1413 - 1417 Albany Highway, Cannington
Region Metro South
Net Passing Income $438,709.56 per annum* plus GST (*approx.)
Major Tenants Rivers, New Idea Furniture
Land Area 5,567 square metres
Building Area 2,160.40 square metres
Zoning "Centre" under the City of Canning's Town Planning Scheme No. 40
Method of Sale "Private Treaty"
Asking Price Sold for $6.15M on 10 October 2018

Description

Vend Property is pleased to offer 1413 – 1417 Albany Highway, Cannington in Western Australia for sale by Private Treaty.

The subject property is comprised of two separately leased showroom tenancies, one of which is leased to a national retailer (Rivers) with a combined net lettable area of 2,160.40 square metres. The site has direct access to both Albany Highway and Liege Street.


Key Investment Considerations

  • Freestanding Building
  • Prominent Highway location with over 70,000 cars passing per day
  • Guaranteed Growth with Annual Fixed Increases
  • 101 Exclusive Car Bays
  • Directly Opposite Bunnings



1413 - 1417 Albany Highway, Cannington