57C Carrington Street, Palmyra, WA 6157

Retail | Medical | Offices

Sold $700,000

  • Property ID: 367282
  • Floor Area: 163m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 163m2 N/A N/A
Investment Property - New Lease in New Building

This 163sqm* ground floor commercial unit is part of a four-story mixed-use new apartment building located in the leafy suburb of Palmyra.

Well-positioned at the corner of Tamar and Carrington Street, it offers great street exposure to both vehicular and foot traffic, with an estimated 8,700* cars passing per day.

With a new Lease signed up to an established local fitness operator, this property provides the flexibility of owning a property with a lease in place, while retaining the original design features that are suitable to a food/cafe business that could be of good use for the future.

Lease details:
Rent Income: $55,000 per annum + Outgoings + GST
Lease Term: 36 Months
Options: 24 Months
Lease Commencement: 20 May 2021 (estimated)
Security: $15,216

Fit-out to be installed (Landlord's property)
- Flooring throughout
- Ceiling
- Lighting
- Ducted A/C system

Property features that give flexibility to convert to food premises:
- Grease trap
- Provisions for 3-phase power, water, gas, data/phone connections
- Additional 11sqm* bin store area
- Paved outdoor area (suitable for outdoor alfresco seating)


For more information or to arrange an inspection please contact:

Enrique Reyes
M:0421 888 688
Ray White Commercial (WA)

Brett Wilkins
M:0478 611 168
E: brett.wilkins@raywhite.com
Ray White Commercial (WA)

Palmyra Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $8791 --- ---
Offices $8791 --- ---
This is the average advertised price, rent and yield for Palmyra, WA 6157*

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™.
  • 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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