Inner City Freehold Corner Investment in Thriving Inner-Perth Location

Burgess Rawson is pleased to offer to the market the Rocky Bay Aged Care Facility at 14 Resolution Drive, Ascot WA for sale via Investment Portfolio Auction 156.

The property has the following investment highlights:

+ Renewed 3 year lease plus option to 2028
+ Rocky Bay Inc: leading disability service provider in WA, with 94% of revenue funded by the State & Federal Governments including grants.
+ Major 2,070sqm* corner site with easy access to Great Eastern Highway, servicing 56,600+ vehicles passing daily.***
+ Modern 694sqm* building with 28 car parking spaces lined and sealed on-title.
+ Landlord preferred, net lease terms with tenant paying all outgoings.
+ Favorable CPI rent reviews annually.
+ Surrounded by important social infrastructure, including Perth Airport and DFO Perth, boasting 113 specialty stores, and 1,500 car parking spaces, attracting 1.6 million visitors annually.**
+ Ascot: affluent south-eastern metro suburb with median house prices 48% higher than Perth’s.****
+ City of Belmont: fast-growing metro municipality forecast to surge 42% by 2041.*****
+ Net Income: $128,998 pa* plus GST

To be sold by Investment Portfolio Auction: 
10:30am AEST Wednesday 26 October 2022
Crown Casino, Melbourne VIC

*approx.
**Vicinity
***Gapmaps
****Realestate.com
*****Forecast.id