4A/4B Nakina Street

Centennial Park WA 6330

This property presents an outstanding investment opportunity near central Albany.It is a substantial holding consisting of two adjoining business premises, separately leased and suited to a diversity of commercial ventures.It has a proven leasing record and potential for excellent returns.In an established industrial and retail area, the brick building is zoned Regional Centre Mixed Business, allowing use various uses.The unit at the front, leased until December 2024, has a covered front entrance into a reception and a roller door into a warehouse of 12m x 5.4m.An open area off the reception leads to three individual offices, an open-plan office to accommodate several workstations, a communications room and a staff room with a kitchen, all fitted with carpet tiles. There's also a modern accessible toilet, and a store room.Behind this is the second unit, which is leased until January 2025. The entrance to this is at the side of the building, through glazed doors into an impressive reception area with timber flooring, and a carpeted guest lounge and waiting room adjoining.Carpet is also fitted in the eight individual offices, the open-plan office for multiple workstations and the board room. In addition, there are two storerooms, a staff kitchen and a modern accessible toilet with a shower. The units are strata titled, occupying a total land area of 1162sqm and each with a footprint of approximately 250sqm.Twelve car parking spaces are marked on the sealed forecourt. Water, gas, electricity, telecommunications and NBN are connected, and the rear unit has 60 solar power panels.Leased for a combined income of $66,000 per annum plus GST and variable outgoings, the versatile and well-maintained premises are in excellent condition.The location close to other industries and with the convenience of the city less than 1km away is another major attraction for owners and tenants.What you need to know:- Two strata-titled business premises near CBD- 1162sqm block- Brick buildings of approximately 250sqm each- 12 marked car bays- Unit 1 with 12m x 5.4m showroom, three individual offices, one open-plan office, communications room, staff room with kitchen, accessible toilet, store room- Unit 2 with reception area, guest lounge/waiting room, eight individual offices, one open-plan office, board room, four store rooms, staff kitchen and accessible toilet with shower- Water, gas electricity, telecommunications and NBN connected- 60 solar power panels to Unit 2- Unit 1 leased until December 2024- Unit 2 leased until January 2025- Combined income of $66,000 per annum plus GST and variable outgoings- Zoned Regional Centre Mixed Business - suitable for various uses - Council rates $3712.52- Water rates $2785.36