Harcourts Manjimup & Districts has been instructed to offer for sale this fantastic investment opportunity that may interest the astute investor looking to add to their investment portfolio or that buyer looking to enter the Manjimup property market.
Property at a glance;
• Zoned "Town Centre" under the Shire of Manjimup LPS4
• Long running and establish Physiotherapy Business
• Premise Layout; Reception, 4 consulting Rooms, rear entry, unisex amenities and staff meals/kitchenette
• Property incorporates bitumen parking located at the rear of the building
• 792sqm corner block
• The Seller is seeking to sell the property to an investor and in return will be prepared to enter a lease back arrangement
as outlined;
i) Proposed fixed term lease for 3 years from day after Settlement with further 1- year plus 1- year plus 1-year options.
ii) Variable Outgoings to include local authority rates and water drainage and sewerage rates be paid by the Lessee as part
of the terms of the lease agreement.
iii) 8% return on investment for the term of the lease (no CPI)
For further lease terms or to arrange a private viewing of the building please call exclusive agent Richard Gledhill
Property ID: #L19551736