Income from day one: $36,000 p.a. with 18 months remaining on the lease (approx. Feb 2027, as at Aug 2025).
Road‑front, retail‑friendly profile with two car parks.
Efficient 101 m² layout with warehouse and office space—currently fitted as a building company showroom—well suited to trade, e‑commerce, or storage‑plus‑office/showroom uses.
Strong local demand from plumbing, electrical and other trade operators servicing Westgate’s rapidly expanding commercial and industrial precinct.
Tenant pays outgoings($approx 10,000 rates and bodycorp), keeping the income clean.
Buy at $720,000 (plus GST if any) for a 5.00% gross passing yield, with the flexibility to occupy or re‑gear at expiry.
Passing income: $36,000 p.a. (≈ $3,000/month | $692/week)
Gross yield (passing): 5.00%
Floor area: 101 m² → $7,129/m² price; $356/m² p.a. rent
Lease: 18 months remaining (to ~Feb 2027)
Outgoings: Paid by tenant
Car parks: 2
Aspect: Road‑front with retail appeal
GST: Plus GST (if any). May be zero‑rated as a going concern if both parties are GST‑registered.
Viewings by appointment.
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