255 Adelaide Terrace, Perth, WA 6000

Investment | Retail | Hotel/Leisure

For Sale $1,455,000 (G.S.T. Going Concern)

  • Property ID: 320540
  • Floor Area: 190m²
  • Occupancy: Vacant
CBD Leased Investment 6.2% Passing Yield 4.25 Year W.A.L.E.

Ray White Commercial (WA) are proud to offer for Sale Ground Floor/255 Adelaide Terrace, Perth.

Located two doors from the Duxton Hotel and Perth Concert Hall, only minutes from Elizabeth Quay, St Georges Terrace and a significant office population.

Leased to a long term tenant, with a good trading and payment history, this strata titled, food retail unit offers a rarely available investment opportunity.

Featuring;
- 190sqm* lettable area (129sqm* internal + 61sqm* exclusive alfresco area)
- Income of $92,922pa + Outgoings & G.S.T.
- Established 'Bakers Terrace Lunch Bar & Cafe' in occupation
- Approx. 4.25 years remaining on current term
- Street front positioning
- Modern building

For further information or to arrange an inspection please contact:

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

*approximate

Perth Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2523 --- ---
Retail $5039 $324 6.43%
Offices $4401 $610 13.87%
This is the average advertised price, rent and yield for Perth, WA 6000*

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.

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 255 Adelaide Terrace, 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 255 Adelaide Terrace, 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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