Investment | Retail

Property ID: 313995

 

Entry Level Investment Opportunity in Perth

26/60 Newcastle Street, Perth, WA 6000

Ray White Commercial (WA) is pleased to exclusively present an amazing opportunity for an entry level investor looking to purchase in the Perth CBD.

26/60 Newcastle Street, Perth is a ground floor 67sqm* retail suite located in a mixed use development on the corner of Newcastle Street and Pier Street.

The property is currently leased to a hairdresser (M and M Cobanovic) who have been trading in the premises since 2013, currently paying $30,492* per annum net with a recently exercised option of 3 years.

Key features:
- 67sqm* floor area
- 1 exclusive car bay
- Situated in a mixed use, well maintained complex
- Flexible retail space can be used for a variety of businesses under the mixed use zoning
- Stable tenant since 2013
- Vibrant location with strong residential and commercial density

For more information or to arrange an inspection please contact:
Tom Jones
M: 0478 771 117
E: tom.jones@raywhite.com

Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

*approximate

Sold

$350,000

Tom Jones

Stephen Harrison