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