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.
