17 Chesterfield Road, MIRRABOOKA WA 6061

For Sale $895,000 + GST
681 sqm
200 sqm

Leased Investment

Features of the offering comprise:
• Holding income ($49,500 per annum plus outgoings and GST)
• 3 year lease term with a 3 year option (from settlement of the property)
• Fixed Annual Rent Reviews (3% increases every 12 months with a market review at exercise of option)
• Security bond – 3 months gross rental
• All offers invited and presented
• Land area – 681sqm*
• Improvements – 200sqm*
• Zoned ‘Business’ under City of Stirling.
• Only 11kms north of Perth CBD
• Major road networks include Reid Highway, Yirrigan Drive, Mirrabooka Avenue and Northwood Drive
• Historical expired DA building approval allowed for a 4 stories office development with NLA of approximately 1,761sqm*

Surrounding Businesses that occupy the neighborhood include:
• Revo Fitness
• Stanley College
• NDIS Service Providers
• Department of Housing
• Department of Transport

With the rejuvenation of the Town Centre, Mirrabooka’s retail, commercial and residential areas have been part of the State Government’s push to drive the economic viability of the local town centres.

To arrange an inspection or for further details please contact Rocco Demaio.

* Please note all areas are approximate

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