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Boutique Retail Leased Investment

4/20 Signal Terrace, Cockburn Central WA

Property Highlights

Leased to October 2024 + Option to 2039
Leased to Kawa Sushi Train
Net Income $42,320.79 + Outgoings + GST

Description

Burgess Rawson are pleased to present to the market for sale this boutique retail leased investment. The property comprises of 140sqm* ground floor restaurant leased to Kawa Sushi Train until October 2024 plus a further 3 options until October 2039.

The net income is $42,320.79 plus GST with CPI Plus Rent Reviews at the end of each option. The property comes with 5 exclusive car bays, allocated storeroom as well as communal restroom facilities. The property offers a modern restaurant fit out catering for a Sushi Train style dining. Walking distance to the Cockburn Train Station.

Features
– Leased to Kawa Sushi Train until October 2024 plus options to 2039
– Net income of $42,320.79pa + GST
– Current Yield 7.11% pa
– 140sqm* with 5 car bays and storeroom
– Boutique Leased Investment
– Well located off the Cockburn Central Train Station
– Ideal for Superfund

Total Area:
140sqm*

Car Bays:
5 exclusive car bays

Statutory Outgoings:
Strata Levies: $1,688.75 per quarter
Water rates: $1,080.00pa
Council Rates: $5,260.00pa

Land Details:
Lot 134 on Strata Plan 63457 Volume 2810 Folio 434

GST:
The property will be sold as a Going Concern

for further details, please contact the exclusive leasing agent Chris Tonich

* Approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
140 SQM

Price

$595,000 (GST Going Concern)

Contact Agent

Chris Tonich

0411 774 168

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