Retail

Property ID: 332835

 

UNDER INSTRUCTION FROM THE AGENTS FOR THE MORTGAGEE IN POSSESSION OF THE PROPERTY

18 Wittenoom Street, Bunbury, WA 6230

An exceptional opportunity to acquire an inner-city Bunbury restaurant with a long history of cash flow.

Tenant details:
- Leased to Jo's Curry House (Separate to the owner)
- Leased until 2025** with a further 5-year option
- Net rent of $42,498.72pa

The property consists of a 212sqm*, 50 seat restaurant on 293sqm* of land, 2 fully equipped kitchens, male & female toilets and a courtyard. The property is fully tenanted for a further 6.5 years** plus a further 5-year option.

Located in inner-city Bunbury the property is walking distance to shops, entertainment centres and landmarks including Centrepoint Bunbury, Bunbury Regional Entertainment Centre, Bunbury Foreshore and Koombana Bay. The City of Bunbury has a population just over 33,000 and continues to grow every year making this property a wise investment choice.

For further information or to arrange an inspection, please contact:

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

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

* Approximately
** Agreed, subject to execution of a Deed of Variation

Sold

$400,000

Brett Wilkins

Lachlan Burrows