Lot 2, 112 Mounts Bay Road, Perth, WA 6000

Investment | Hotel/Leisure | Retail

Sold $900,000

  • Property ID: 320251
  • Floor Area: 350m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 350m2 N/A N/A
SECURE CBD INVESTMENT

Ray White Commercial (WA) is pleased to exclusively present for sale Courtside Restaurant - Lot 2, 112 Mounts Bay Road, Perth.

The property is located in Mounts Bay Village, a mixed residential/commercial development of almost 500 strata units across 9 buildings consisting of short-term and long-term apartments, offices and a restaurant (subject property). Close to the Perth Convention Centre, CBD and foot of Kings Park the properties represent an excellent location for a stable investment for years to come.

Property details:
Lot 2/112 Mounts Bay Road, Perth comprises of a 350sqm (gross) restaurant with alfresco and internal terrace with 3 allocated parking bays.

Tenant details:
- Leased to Waldorf Group, an Australian Subsidiary of Daiwa Living
- Leased until 2028 with a further 10 year option
- Passing rent of $61,980 per annum + Outgoings

For further information or to arrange an inspection, please contact:

Russ Parham
Ray White Commercial (WA)
M: 0499 552 255
E: russ.parham@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

*approximately

Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $436 ---
Industrial $1464 --- ---
Offices $4401 $610 13.87%
This is the average advertised price, rent and yield for Perth, WA 6000*
* 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.

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™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of Lot 2, 112 Mounts Bay Road, Perth, WA 6000. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of Lot 2, 112 Mounts Bay Road, Perth, WA 6000. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 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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