- Fully leased to Woolworths.
- New 5 year option exercised.
- Current net income $142,272 pa net.
- Land area 1,899sqm.
- Improvements 450sqm.
- Leased until December 2021 plus options to 2031.
Fully leased to a single national tenant is this easy care liquor store investment. A long trading liquor store, the Lessee’s have exercised a new 5 year term until December 2021 with options until December 2031.
The property is located in Maida Vale approximately 23 kilometres by road from the Perth CBD. Situated on busy Kalamunda Road approximately 120 metres from the corner of Gooseberry Hill Road.
Lot 16 on Diagram 4401 Certificate of Title Volume 1633 Folio 395.
The land is zoned 'Mixed Use' by the Shire of Kalamunda.
The property is leased to Woolworths Limited and has a net rent of $142,272 pa.
Goods and Services Tax
The sellers are registered for GST and the property will be sold as a Going Concern.
|Gross Building Area