66 Sylvia Street, Nollamara, WA 6061

Retail | Showrooms | Other

For Sale $1,999,999

  • Property ID: 335787
  • Floor Area: 848m²
  • Land Area: 848m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 20+ nearby
New 12 year lease - 7.5% Return - Triple Net Lease

An opportunity exists for an investor to acquire a service station with a new long-term lease in a busy community centre. The property is situated on a land area of 848sqm* and has great exposure on the corner of Sylvia Street and Hillsborough Drive.

This prime lot is zoned "Local Centre" and has multiple potential uses including fast food outlet, medical centre as well as it's current use, service station.

The tenants are taking full responsibility for all capital items including structural repairs and the maintenance of the tanks for the full period of the current lease, offering a Buyer peace of mind.

Featuring:
- Part of a busy Community Centre
- Central Nollamara location
- Great exposure
- Fuel tanks - checked - 100%
- Fuel lines - Replaced - 100%
- Environmental Report - No contamination
- Tanks & lines are long term responsibility of tenant
- Lease: $150,000pa + GST + outgoings
- Rent reviews: CPI + 0.5%
- Guarantee: 6 months bond
- Term: 12 years plus (4) 5-year options

Vibe Petroleum is a privately-held independent petroleum company primarily operating in Western Australia, thriving to be the best in the customer services sector. With 24 open Vibe locations and many more Vibe's coming soon, Vibe gives motorists a great "vibe" every time they step into their stations.

For further information or to arrange an inspection please contact:

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

*approx

Nollamara Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1179 --- ---
This is the average advertised price, rent and yield for Nollamara, WA 6061*
* 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 Cafes - Number of cafes located within 500 metres of 66 Sylvia Street, Nollamara, WA 6061. 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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