Real Estate Australia

Blue Chip Commercial Opportunity
EOI from $3 Million Plus GST Excl GST

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Property Location: 88 Catalano Circuit CANNING VALE - PERTH - WA

Listing Id: 21606782  

Land

Size: 2100 Square Mtr Approx

Description: The options are varied and many depending on your short-, medium- or long-term motivation. This rare opportunity provides options for either Owner Occupiers or Investors. For the owner occupier, this unique property offers the opportunity to establish a long-term business base utilising the extensive floor plan and onsite parking for up to 33 Bays. The layout, extensive quality fit out will lend itself well to the medical field and be adaptable to a range of applications. Or Astute Investors will be able to see opportunity on how to maximise the yield by widening the tenant suitability to higher uses. This green title 2100sqm land holding is located at the southern edge of the Canning Vale industrial area strategically positioned in the expanding southeast corridor of the Perth metropolitan area. • Do you bank the landholding for future capital growth - while enjoying the above average yield? • Do you upgrade the commercial viability and get a lift in return from your capital improvements? • Do You occupy part of the building while enjoying the sub-letting income already in place? • Maybe explore the "Service Commercial" Zoning and house the specific needs or your business. - Zoning Table from the City of Canning available on request. Note any redevelopment or change of use would be subject to council approval from the City of Canning based on Local Planning Scheme No 42. Zoning is "Service Commercial" Perfectly Positioned tucked in behind a retail strip facing Busy South Street and only minutes to connection onto the Roe Hwy with easy access to all other major arterial routes around the Perth metropolitan area. 20km minutes south of the Perth CBD and 20 km to Perth Airport. The property is predominantly occupied by the current owners running their medical services clinics and complemented by leasing 3 separate tenants returning a gross income of $68,480 PA Plus GST. Current owners are occupying approx 458sqm of the main building and would consider staying as a continuing tenant on reduced space or can provide vacant possession of their current occupied space. This is open for discussion. Details on terms of the 3 leases are available on request. Summary of Key Points *************************** • Landholding 2100sqm • 33 on site allocated parking bays • Approx. 439sqm Ground floor Offices • Approx 179sqm upper-level offices • Approx 130sqm warehouse/storage • 7 Sets of Toilets including 3 M/F sets • One main kitchen plus 3 extra kitchenettes • Surveillance Security camera system • Fully ducted R/C air con system to office areas • Ability to lease out separate spaces with private entrances • Conveniently located to major arterial routes The location speaks for itself; your imagination is what is required to take advantage of the capability and opportunity. Make your move on this brilliant opportunity either to secure your business base for the future or acquire an astute investment for your portfolio. For more details and to receive a buyer information document direct your enquiries to Torrin Minutillo - 0417 171 164 or email me from this page. Looking for the most trusted opinion to Lease, Sell or manage your property - give us a call. We are keen for new business.

Blue Chip Commercial Opportunity
EOI from $3 Million Plus GST Excl GST

Contact Diamond Realty Today!!!

Contact Torrin Minutillo
Phone 0417 171 164

Property ID:21606782
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