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.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 1 | 1 | -m2 | Year 2024 Month 12 Day 12 | $200,000 | Council approved | |
 | 0.45 km | 4 | 1 | -m2 | Year 2024 Month 11 Day 19 | $195,000 | Council approved | |
 | 0.35 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 27 | $130,000 | Council approved | |
 | 0.26 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 30 | $160,000 | Council approved | |
 | 0.44 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 23 | $220,000 | Council approved |