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Super Special Ends 14th May 2023 

2/144 Canna Drive CANNING VALE

Los Angeles Area

Property Size 105

Los AngelesAddress

2/144 Canna Drive CANNING VALE

WA

LEASED INVESTMENT WITH GREAT RETURNS – RETAIL USE/OFFICE/TRAINING CENTRE/Medical Centre

Property Type: Ground Floor Retail/Office Unit for sale in Canning Vale area

Total Area: Approximately 105 square meters including Toilet & Kitchenette (Net Lettable area: 90.97 sq. meters)

The property is currently leased until 24/09/2027 and it is currently being used as Office/Academic Training Centre (with 5 Rooms in the attached layout plan). Currently, the base rent is $40,000 per annum + GST and outgoings (CURRENT GROSS RENT is: $49,366.92)

ALSO, THERE IS A FIXED ANNUAL RENT INCREASE OF 5% PER YEAR - AS AGREED WITH CURRENT TENANT ON EACH ANNIVERSARY DATE IN MAY.

The property is surrounded by other mixed-use buildings along with a childcare centre, residential housing and other commercial properties plus it is just a short walk from the currently 'under construction' train station.

A great investment in a fast-growing area.

Currently the property is being used a Training Institute/Office purpose but in the past property was being used as retail and Therapeutical Massage
Previous Approved Uses of the Property:
Shop/Retail
Office Use
Medical Consulting Facility

Property will be sold as -is. THERE IS NO GST - AS SOLD AS GOING CONCERN

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