1/35 Prindiville Drive, Wangara, WA 6065

UNDER OFFER - MORE PROPERTIES NEEDED!

BONUS ATM INCOME STREAM

Williams Barbershop has been a long running, established business bordering the Wangara markets.

*  Strata Titled Leased Investment with Strong Income
*  65m2 Retail Shop
*  Lease in Place at $26,400 + GST per anum
*  3% yearly increases
*  Lease expiry as at 16th May 2029 plus a further 5 year option
*  Tenant to pay outgoings budgeted at $6,700 per anum
*  Bonus Income from ATM Machine Rental of $7,200 + GST per year

BONUS INCOME - There is an agreement in place with NEXT Payments till 22/06/2029 for the property to have an ATM Machine located at the front of the unit.  In this agreement NEXT pays the landlord $600 + GST per month plus $1 for every transaction over $800 transactions for the month.  This returns a minimum of $7,200 per year to the landlord.

For further details and / or to inspect please contact Scott Durell at Realty Source on 0400 500 288.