SOLD
1413 - 1417 Albany Highway, Cannington
Overview
| Address | 1413 - 1417 Albany Highway, Cannington |
| Region | Metro South |
| Net Passing Income | $438,709.56 per annum* plus GST (*approx.) |
| Major Tenants | Rivers, New Idea Furniture |
| Land Area | 5,567 square metres |
| Building Area | 2,160.40 square metres |
| Zoning | "Centre" under the City of Canning's Town Planning Scheme No. 40 |
| Method of Sale | "Private Treaty" |
| Asking Price | Sold for $6.15M on 10 October 2018 |
Description
Vend Property is pleased to offer 1413 – 1417 Albany Highway, Cannington in Western Australia for sale by Private Treaty.
The subject property is comprised of two separately leased showroom tenancies, one of which is leased to a national retailer (Rivers) with a combined net lettable area of 2,160.40 square metres. The site has direct access to both Albany Highway and Liege Street.
Key Investment Considerations
Freestanding Building
Prominent Highway location with over 70,000 cars passing per day
Guaranteed Growth with Annual Fixed Increases
101 Exclusive Car Bays
Directly Opposite Bunnings
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