Shop 11, 533-535 Walter Road, Morley, WA 6062

Retail

Sold $875,000

  • Property ID: 428341
  • Floor Area: 193m²
  • Land Area: 308m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/06/2023 193m2 308m2 N/A
Grab a slice of Morley!

• Fast Food Drive-Thru Investment
• Established Tenant
• 4+ Years WALE

Grab this Investment while it's hot!
193m2 fast food/restaurant investment with drive-thru currently leased to the very popular and well-established Centre Point Pizza who have been supreme-ly known to the area since 2007*

The premises is prominently positioned fronting Walter Road East with around 15,000* cars passing daily and shares a large carpark with a range of different businesses including shops, restaurants, gyms and offices.

Property Particulars
• Lot 11, strata plan 18033, volume 1851, Folio 635
• 308m2 total strata area (including drive-thru)
• 193m2 of improvements

Lease Particulars
• Lease commenced 1st of November 2017
• Lease exp 21 October 2027 (4+ years remaining) with a further 5-year option
• Income $52,167.34pa + outgoings + GST
• Fixed 3% annual reviews
• Market reviews 1/11/2023 (rental evidence available) & 01/11/2027

For further information or to arrange an inspection please contact:

Lachlan Burrows
Ray White Commercial (WA)
Mobile: 0499 552 296
Email: Lachlan.burrows@raywhite.com

Tom Jones
Ray White Commercial (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com

Morley Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4534 --- ---
Offices --- $530 ---
Industrial $1223 --- ---
This is the average advertised price, rent and yield for Morley, WA 6062*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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  Ray White Commercial (WA)

 

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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