|Address||28 William Street, Beckenham|
|Land Area||3,637 square metres|
|Building Area||1,980 square metres|
|Passing Net Income||$414,678.84 per annum|
|Method of Sale||Expressions of Interest|
Vend Property are pleased to offer 28 William Street, Beckenham in Western Australia for sale by Expressions of Interest which closes at 4pm AWST Thursday 16th December 2021.
This investment opportunity to purchase a standalone showroom located in one of Australia’s biggest Large Format Precincts by occupied area.
KEY INVESTMENT CONSIDERATIONS:
- Freestanding Large Format Retail/warehouse/office
- Anchored by a fifteen (15) year lease
- Annual reviews; Lesser of CPI or Fixed.3.5%
- Completed in 2017 and built to tenant’s requirements
- Significant taxation depreciation benefits
The subject property is located approximately eleven (11) kilometres southeast of the Perth CBD on the eastern side of William Street, which is a main road running off Albany Highway an connecting onto the Kenwick Link which all run through the established area of Cannington. Access to the property is directly off William Street.
One of Perth’s major Regional Shopping Centres is under two (2) kilometres away and the property sits in Australia’s ninth (9) largest Large Format Precincts by Gross Occupied Area.