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7/87-91 Catalano Circuit, Canning Vale WA

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897 sqm

10

$2,800,000 (GST Going Concern Exemption)

Grant Mathews of First Western Realty is pleased to present for sale unit 7 - (lot 15), 87 - 91 Catalano Circuit Canning Vale.
This strategically positioned property at the popular South City Home Trade Centre offers a unique blend of functionality, flexibility and investment potential for a variety of businesses and buyers.

A combination of vacant possession (or purchase the Snooker / Pool Venue equipment already in place) and investment, is on offer. 7a (showroom) is also available with vacant possession and ready for a new occupier to make it theirs; there are also two adjoining Warehouse tenancies (7C - Leased until 31/10/2028) and 7c (Rolling 3 Month tenancy who would love to stay on if this suits the buyer).

• The complex faces South Street / Ranford Road near the intersection with Bannister Road, Canning Vale.
• Extensive car parking is available at the front of the complex, which the showroom entry faces.
• There is also additional car parking at the rear.
• Car bays are unallocated, estimated car bays are approximate only.

The Showroom (7A):
• Approved for a change of use to recreation
• Fitted out to a high standard as an upmarket pool/ snooker venue.
• Some photos show the current presentation (charcoal coloured walls and ceiling new flooring), photos also show previous presentations.
• A change of building classification is required to continue the recreation use,
• Buyers have the opportunity to finish the layout to suit their business needs.
• Previously the home of a prominent paint store for over a decade, and prior to that a Hardware store.
• Unit 7a offers showroom frontage to the Centre's car parking area
• Additional parking to the rear.
• Automated sliding doors
• Brand new reverse-cycle air conditioning.
• Brand new Carpet tiles throughout.
• Approximately 449 square meters of space comprising an open- plan showroom
• Accessible w/c
• Roller door access to the rear with roller shutters to the front windows.
• 7a is ready for you to finish the fit-out to suit your business but has had a strong rental history which provides upside for pure investors.

Warehouse 7 B
• Currently occupied by a tenant who is on a 3-month rolling lease, but would love to stay on.
• If you'd like to add the approx 223 sqm warehouse to the showroom, vacant possession is available.
• Double doors can be unlocked between 7a and 7b.
• 7B has its own kitchenette, 2 w/c's, and roller door access.

The potential combined area with vacant possession of 7a and 7 B is approx. 672 sqm, or retain the unit 7B tenant for holding income.

Warehouse 7 c i
• Currently Leased to a tenant until 31/10/2028.
• Approx 228 sqm warehouse
• Roller door access and car parking at the rear.
• In future, there is potential to easily combine warehouse units 7b and 7c for a larger warehouse, or combine all 3 tenancies.

South City Trade Centre provides excellent convenience of location with rear access for trucks and vehicles, making logistics a breeze. Its proximity to major roads enhances connectivity for your business.

• Prominent signage opportunities above the premises may also be available on a lease arrangement from the strata company.
• The sellers have priced the property to sell at $2.8 million (+ GST if applicable). A GST going-concern exemption may apply.

For information please email Grant Mathews of First Western Realty at commlease@firstwesternrealty.com.au or use the enquiry function on this website. When enquiring please confirm if you're a pure investor or looking to occupy the showroom with your own business, and if so what type of business you are looking to accommodate.

Grant Mathews can also be contacted on mobile 0488 024 352.

Details provided for this property are for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Some stock photos have been used for advertising purposes. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract, or Lease Agreement. All plans and measurements are approximate and may not be to scale.

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Grant Mathews

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