Property Details: • Type: House

• Bedrooms: 1 • Bathrooms: 1

Description: Take advantage of a rare opportunity to acquire a versatile light industrial property with an established fixed lease, situated on the bustling Main Street of Jerramungup. Property Highlights: Prime Location: Located on Main Street, this property enjoys high visibility, convenient access, and is perfectly positioned for business exposure. Secure Lease: Secure, income-generating asset with an active fixed term lease in place. An ideal choice for investors seeking stability. Light Industrial Space: Spacious interior suitable for a variety of uses. Brick Shop Front: Attractive brick facade gives a professional look, adding curb appeal and timeless character to the property. Growing Community: Situated in Jerramungup, a community known for its growth in agriculture and small business, making this location ripe for business opportunities. Lease Details Annual Rent: $19,524 per year (exclusive of GST) with rent review dates in place. Outgoings: Water and Council Rates, electricity, telephone and water usage. Lease Terms: Current lease from 1 October 2022 to 30 September 2025, with an option term of another 2 years. Long Standing Tenant: Current tenant has occupied the building since 2013. Whether you're an investor looking for a solid income stream or a business owner seeking a prime space with built-in revenue, this light industrial building offers the best of both worlds.