Retail

Property ID: 428341

 

Grab a slice of Morley!

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

• 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

Sold

$875,000

Tom Jones

Lachlan Burrows