72 Pink Lake RoadSinclair WA 6450
Property Details for 72 Pink Lake Rd, Sinclair
Last Listing description (December 2024)
Elders Real Estate Esperance are excited to present this impressive commercial property to the market for sale.
Commanding an 1,815 sqm corner land parcel with exceptional frontage to the intersection of Pink Lake Road and Milner Street in Sinclair with laneway access, the property is afforded prime exposure and boasts a long-term, highly established tenant.
Consisting of a 663 sqm retail space with 32 sqm office, the purpose-built premises was completed in the mid-2000's and also includes 2 food preparation rooms and ablutions. Attached to the supermarket (however still forming part of the main tenancy area) is a separate retail space which is currently utilised as a laundromat.
There are 32 marked open parking spaces provided onsite plus kerbside parking on Pink Lake Road.
For further information, contact Exclusive Selling Agents Julie Jackson and Keith Ogley at Elders Esperance Real Estate today!
Need to know -
- Prime corner 1,815 sqm landholding
- Local Centre zoning
- Freehold only (business not included in sale)
- Net lettable area 695 sqm
- Tenancy Commencement date 01.10.2019
- Term/Option: An initial 5-year term plus two further 5-year terms
- Rent Review: Fixed annually to CPI and to market at the option period
- Frontage to Pink Lake Road and Milner Street with rear lane access
- Concrete tilt panel construction with metal roof completed mid-2000's
- Internal Walls: Brick, concrete tilt panel, sandwich thermal panel and plasterboard
- Ceilings: Exposed beam, plasterboard and sandwich thermal panel
- Automatic glass sliding door for customer access
- High clearance roller door and PA door to rear laneway
- 1 internal stairwell to 32sqm mezzanine offices
- 2 food preparation rooms
- Male and Female toilet amenities
- Paved carpark with 32 marked parking spaces
- To be sold as a going concern
***Every precaution has been taken to establish the accuracy of the above information, however, prospective purchasers are advised to carry out their own due diligence***
Property History for 72 Pink Lake Rd, Sinclair, WA 6450
- 17 Nov 2024Sold for $2,100,000
- 16 Nov 2024Listed for Sale $2,200,000
- 17 Jun 2000Sold for $190,000
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About Sinclair 6450
The size of Sinclair is approximately 1.5 square kilometres. The population of Sinclair in 2011 was 739 people. By 2016 the population was 877 showing a population growth of 18.7% in the area during that time. The predominant age group in Sinclair is 10-19 years. Households in Sinclair are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Sinclair work in a trades occupation. In 2011, 63.5% of the homes in Sinclair were owner-occupied compared with 66.4% in 2016.
Sinclair has 527 properties. Over the last 5 years, Houses in Sinclair have seen a 97.45% increase in median value. As at 30 November 2024:
- The median value for Houses in Sinclair is $423,443 while the median value for Units is $494,277.
- Houses have a median rent of $350.
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