Byford, WA 6122

Retail | Medical | Offices

Sold $2,500,000

  • Property ID: 378992
  • Floor Area: 1766m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1766m2 N/A N/A
Lakeside Fresh IGA & Liquor Outlet

Ray White Commercial (WA) is pleased to offer for sale this modern freestanding 1,766sqm* strata retail investment anchored by 1,336sqm Lakeside Fresh Supa IGA supermarket and Bottle-O liquor store.

The diversified income stream also includes a Beauty Salon and two additional retail shops with prime frontage next to the major car park.

The total fully leased income stream is approximately $401,000pa net of outgoings.

The property is located within a modern local centre that includes a medical centre and pharmacy, childcare centre, cafes and restaurants that adorns a picturesque lakeside setting within an award winning master planned community.

Lakeside Fresh IGA has executed a lease renewal for 10 years until 23 February 2031 plus two further 5 years options.

Priced at $5,150,000.

For further information or to arrange an inspection please contact:

Michael Milne
0403 466 603
michael.milne@raywhite.com

*approximate

Byford Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1333 --- ---
Retail --- $117 ---
Offices --- $134 ---
This is the average advertised price, rent and yield for Byford, WA 6122*

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:

  • 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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