Take advantage of a rare opportunity to acquire a versatile light industrial property with an established fixed lease, situated on the bustling Main Street of Jerramungup. Property Highlights: • Prime Location: Located on Main Street, this property enjoys high visibility, convenient access, and is perfectly positioned for business exposure. • Secure Lease: Secure, income-generating asset with an active fixed term lease in place. An ideal choice for investors seeking stability. • Light Industrial Space: Spacious interior suitable for a variety of uses. • Brick Shop Front: Attractive brick facade gives a professional look, adding curb appeal and timeless character to the property. • Growing Community: Situated in Jerramungup, a community known for its growth in agriculture and small business, making this location ripe for business opportunities. Lease Details • Annual Rent: $19,524 per year (exclusive of GST) with rent review dates in place. • Outgoings: Water and Council Rates, electricity, telephone and water usage. • Lease Terms: Current lease from 1 October 2022 to 30 September 2025, with an option term of another 2 years. • Long Standing Tenant: Current tenant has occupied the building since 2013. Whether you're an investor looking for a solid income stream or a business owner seeking a prime space with built-in revenue, this light industrial building offers the best of both worlds.
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Property ID: 146505452