Shop 2, 69 Milligan Street, Perth, WA 6000

Retail | Hotel/Leisure | Medical

Sold $638,000

  • Property ID: 429546
  • Floor Area: 84m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 26/07/2023 84m2 N/A N/A
Perth City - Securely Leased Retail Investment

Ray White Commercial WA presents for sale this super hot retail investment, leased until 30 June 2027.

Ground floor 84sqm retail within a modern building in a prominent location, directly opposite RAC Arena.

Quality tenant with a substantial fit out - Empyrean Education Institute - an accredited training provider.

This securely leased investment is priced at $638,000 (no GST)

• Prominent Wellington Street shop frontage
• Ground floor corner of Wellington & Milligan Streets
• RAC Arena directly opposite
• 84sqm strata retail plus potential alfresco capacity
• Quality tenant (national VET training accreditation)
• Significant tenancy fit out - commercial kitchens
• $37,577pa Net Rental + Outgoings + GST
• Leased to 30 June 2027 + 3 years option thereafter
• Ideal private SMSF investment

For further information or to arrange an inspection please contact:

Michael Milne
Ray White Commercial (WA)
Mobile: 0403 466 603
Email: michael.milne@raywhite.com

Perth Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4401 $610 13.87%
Industrial $1464 --- ---
Retail --- $436 ---
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.
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  Ray White Commercial (WA)

 

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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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