5 Year Lease To Woolworths Group Limited
19 Welwyn Avenue, Manning, WA 6152
Ray White Commercial (WA) is pleased to present for Auction, on-site the BWS Liquor Store at 19 Welwyn Avenue, Manning on Wednesday 26 August 2020 at 11am (AWST).
There are few investment opportunities as secure as 19 Welwyn Avenue.
Property Features:
- Lease to Woolworths
- 5 year lease with 5 options of 5 years each
- A total building area of 201.6sqm*
- Exposure being positioned on Welwyn Avenue in a very successful neighbourhood centre
- Easily Accessible
Supported by one of the countries most highly valued ASX listed Lease Covenants, 19 Welwyn Avenue provides a highly secure and long term source of income.
The property is an asset returning a net income of $115,000 per annum with all normal outgoings paid by Woolworths and annual rent increases to CPI.
*approximate
For further information or to arrange an inspection please contact:
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com