Brand New 10 Year Lease to Woolworths
90 Barrack Street , Merredin WA
Property Highlights
Established business acquired in 2016
Net lease and annual rent reviews
Impressive building - quality fit out
Description
New 10 year lease plus 4 x 5 year options through to 2046
Annual rent reviews
Lessee pays usual outgoings including Land Tax
Established liquor store, previously ‘IGA Liquor’ – acquired by
Woolworths in 2016
Impressive 291 sqm building with modern capital intensive fit-out
296 sqm site with retail frontage of 9.15 metres
Perfect position next to IGA and central amongst Westpac,Australia Post and pharmacy
Merredin: 250klm east of Perth, commercial / retail centre for the ‘Central Wheatbelt’ region – producing 40% of WA’s annual wheat quota
Rent: $100,000 pa
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Land Size
296 SQM
Building Area
291 SQM