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Ilich Hardware & Rural, 29-31 Rankin Street, Kondinin, WA 6367

Ilich Hardware & Rural, 29-31 Rankin Street, Kondinin, WA 6367

Retail Commercial Farming Industrial/Warehouse

  • For Sale
  • Freehold $225,000 Business $40,000 PSAV $560,000
  • For Sale

HARDWARE & RURAL - Business & Freehold - Initial Net Return 11.42% on property

  • Initial Return 11.42%
  • Freehold and Long Established Business
  • Sound Reliable Investment

  • Land Area
  • 2811.00 m² (approx)
  • Floor Area
  • 679 m²
  • Tenure Type
  • Vacant Possession
  • Building
  • Whole
  • Last Updated
  • Jan 13, 2020
  • Return
  • 11.42% P.A.
  • Municipality
  • Kondinin
  • Parking Comments
  • Ample Parking
  • Zoning
  • Commercial

Additional Details


Interested in this property? Contact an Agent today

Fortune Business & Property Brokers

Level 3, 1060 Hay Street

West Perth WA 6005

Phil Mulcahy

HARDWARE & RURAL - Business & Freehold - Initial Net Return 11.42% on property

• ACQUIRE A ROCK SOLID COMMERCIAL PROPERTY WITH AN INITIAL RETURN OF 11.42% FOR YOUR SUPERFUND
• FOR YOURSELF OR A RELATIVE ACQUIRE AS THE TENANT A 30 YEAR ESTABLISHED RURAL HARDWARE, CHEMICAL, AGRICULTURAL SUPPLIES COMPANY WITH AVERAGE NET ADJUSTED PROFIT AFTER RENT RETURNING $330,000 P.A.
• THIS IS A SOUND, RELIABLE SAFE INVESTMENT WHERE YOUR SUPER FUND ACCUMULATES ABOVE AVERAGE INCREASING RETURNS
• AND
• YOU HAVE CONTROL OVER THE PAYMENT OF RENT BY OWNING THE BUSINESS OR HAVING A RELATIVE OWN THE BUSINESS
• THE BUSINESS RETURN ON YOUR INITIAL OUTLAY IS 55%!
1) BUSINESS
Average Sales Last 3 Years $2,644,000
Average Net Adjusted Profit 3 Years $330,000

Click "Virtual Tour 1" to view the Business Profile

Contact Phil Mulcahy 0418 689423

Visit www.fortune.net.au to view other leased investment properties
in the Perth metro area such as Child Care Centres and Medical Centres.

Ilich Hardware & Rural, 29-31 Rankin Street, Kondinin, WA 6367

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