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
