The investment is leased until 29/11/2022 at $20,326 pa gross + GST. Current outgoings are approx $4,848 pa. The net income is: $15,478 pa + GST
This solid concrete block office / warehouse unit is well located in Berrimah.
Providing 158m2 of secure warehouse accessed via 3.6 x 4.1m roller door. It has 3 phase power and excellent clearance of 6.7m down to 5m at the rear.
There is an air conditioned office of 22m2, a WH of 158m2 and an exterior sealed rear yard of 12m2.
The size of Berrimah is approximately 9.8 square kilometres. It has 6 parks covering nearly 2.3% of total area. The population of Berrimah in 2011 was 1,240 people. By 2016 the population was 769 showing a population decline of 38.0% in the area during that time. The predominant age group in Berrimah is 10-19 years. Households in Berrimah are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Berrimah work in a trades occupation. In 2011, 32.7% of the homes in Berrimah were owner-occupied compared with 39.3% in 2016.
Berrimah has 1,113 properties. Over the last 5 years, Houses in Berrimah have seen a 3.46% increase in median value, while Units have seen a 5.50% increase. As at 31 October 2024:
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