Leased Investment in Tightly Held Retail Precinct

3 kearns crescent, ardross

Price: Offers Invited

Property Details

- Fully leased retail investment.
- 6 retail shops.
- Improvements 613sqm*.
- Well known retail precinct.
- Mix of cafe’s, restaurant, salon and a boutique store.
- Superb location in tightly held commercial precinct in Ardross.
- Freehold site of 905sqm*.
- Net income $209,736.24 pa.
- Frontage to Kearns Crescent 35.77 metres*.

Burgess Rawson are pleased to offer 3 Kearns Crescent, Ardross for sale. A unique property situated in the heart of the Ardross Retail / Commercial precinct surrounded by quality national retailers.

The property is located on the south side of Kearns Crescent just off Canning Highway and Riseley Street surrounded by quality retailers such as Westpac, Bank West, Ciao Applecross, Jesters, Grilld and Dome.

Situated on site is a boutique retail shopping centre comprising of 6 tenancies split into two sections by a covered Arcade from Kearns Crescent to a rear right of way and car park.

Title Details
Lot 2 on Diagram 13419 and being the whole of the land described by Certificate of Title Volume 2068 Folio 331.

Land Details
Land Area 905sqm*
Frontage to Kearns Crescent 35.77 metres*

The City of Melville have advised the property sits within Zone 3 of the Riseley Activity Structure Plan. Zoning and residential coding for Zone 3 is R_ACO with a maximum of 6 stories.

Lease Details
The property is fully leased with a total net income of $209,736.24*pa. Please refer to selling agents for further information.

Goods and Services Tax
The property is sold as a Going Concern.

Asking Price
Offers Invited.

For further information or to arrange an inspection, please contact the Exclusive Selling Agents.


Featured Details

Leased Date 11/04/2017
Gross Building Area 613 sqm
Rent Period Annually

Property Enquiry

Thank you for showing interest in us.

Contact Details

Office Details

Level 10, 225 St Georges Terrace Perth WA 6000

T 08 9288 0288 E

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