Retail | Medical | Offices

Property ID: 367282


Investment Property - New Lease in New Building

57C Carrington Street, Palmyra, WA 6157

This 163sqm* ground floor commercial unit is part of a four-story mixed-use new apartment building located in the leafy suburb of Palmyra.

Well-positioned at the corner of Tamar and Carrington Street, it offers great street exposure to both vehicular and foot traffic, with an estimated 8,700* cars passing per day.

With a new Lease signed up to an established local fitness operator, this property provides the flexibility of owning a property with a lease in place, while retaining the original design features that are suitable to a food/cafe business that could be of good use for the future.

Lease details:
Rent Income: $55,000 per annum + Outgoings + GST
Lease Term: 36 Months
Options: 24 Months
Lease Commencement: 20 May 2021 (estimated)
Security: $15,216

Fit-out to be installed (Landlord's property)
- Flooring throughout
- Ceiling
- Lighting
- Ducted A/C system

Property features that give flexibility to convert to food premises:
- Grease trap
- Provisions for 3-phase power, water, gas, data/phone connections
- Additional 11sqm* bin store area
- Paved outdoor area (suitable for outdoor alfresco seating)


For more information or to arrange an inspection please contact:

Enrique Reyes
M:0421 888 688
Ray White Commercial (WA)

Brett Wilkins
M:0478 611 168
Ray White Commercial (WA)



Enrique Reyes

Brett Wilkins