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
Brett Wilkins
Lachlan Burrows