Fortune Business & Property Brokers Phone : 08 9315 ****
Phil Mulcahy
04186 ****

04186 ****

Corrigin Licensed Post Office Library and Residence

Listing Id : 207315

Location : Western Australia - Corrigin

Category : Post Office, Freehold, Retail

Asking Price : $488,000 PSAV

Business description


1. Acquire an outstanding, substantial, historic, commercial building in excellent condition returning you a very healthy commencement rent of 12.00 %. A great return for your Super Fund.

2. Acquire a rock solid, secure, profitable, easily run, essential service monopoly, risk free business with opportunity for growth. Based on an average net adjusted profit over the last 2 years, your return after payment of rent on the LPO building is 60% on your initial outlay. Beat that!

3. Acquire a delightful 3 bed, character, brick and iron, air conditioned home, also in excellent condition, with high ceilings, picture rails, large rooms, new modern, fully fitted kitchen, freshly painted throughout and on a 1011m2 fenced lot.

4. Acquire an idyllic, safe, secure lifestyle in an above average, serviced, rural community just 228 kms SE of Perth, or a comfortable 2.5 hour drive away. Corrigin is an extremely progressive centre offering services and amenities second to none, including first class sporting and recreational facilities, a district high school, aged care complex, a resident doctor, dentist, hospital and a large, vibrant commercial centre. Take a tree change and live longer.

Price: PO Building $166,000 Residence $200,000 Business $122,500 PSAV

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