SUBURB PRICE GUIDE

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Retail For Sale found in MAYLANDS, WA 6051

BITE SIZED INVESTMENT WITH 7% NET RETURN IN BAYSWATER FOR SA...

Investment | Retail

Ray White Commercial (WA) is pleased to present this tenanted investment for sale in Bayswater.
Located within a prominent local shopping centre, the strata titled invest offers a unique opportunity.
Property features:
- 58sqm* space
- Earning $19,238 per annum + outgoing + GST
- 4 years remaining on existing term, with further 5 year option
- Tenant in occupation for over 6 years
Be quick - this one won't last.
For further information or to arrange an inspection, please contact;
Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com
*approximate

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Price: $259,000 (G.S.T a going concern)    Building: 58m²    Land: 58m²    Occupancy: Tenanted

Properties located in the surrounding suburbs

BLUECHIP FREEHOLD INVESTMENT PROPERTY

Investment | Retail

- New 7 year lease
- $92,250 pa net*
- Single tenant investment
- 473sqm block*
- Zoned “District Centre”
- Improvements 205sqm*
- Parking at rear
- Prime Beaufort Street location
Introduction
Situated in blue chip location this single tenant investment with new 7 year lease plus options to well known Lawley’s bakery/cafe.
Improvements
Single level converted character house comprising main dining/service area, commercial kitchen, office, storeroom, coolroom and toilet amenities. Parking at the rear is accessed from a rear lane.
Land Details
Lot 92 on Plan 692 Certificate of Title Volume 1745 Folio 753.
Zoning
The City of Vincent advise that the property is zoned “District Centre”.
Lease Particulars
Tenant: Lawley's
Commencement: On settlement
Income: $92,250pa net
Rent Reviews: CPI increases annually / Market every 5th year
Outgoings: Payable by the Lessee
Goods and Services Tax
The Sellers are registered for GST and the Buyer will be required to pay the Sellers GST liability at settlement.
Asking Price
Offers Invited
For further information or to arrange an inspection, please contact the Exclusive Selling Agent.
*Approx

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Price: Offers Invited    Building: 205m²    Land: 473m²    Occupancy: Tenanted

SUBURB PRICE GUIDE

Suburb Summary - Maylands, WA 6051

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $1113
Retail $4466
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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