Leased Investment – Continental Deli

6/7 paraguay avenue, greenfields wa

Price: $950,000 (GST - Going Concern)

Property Details

- Fantastic Neighbourhood Shopping Centre - Leased investment
- 10 year leases in place with option
- Leased until 2026
- Annual Increases
- Rich trading history dating to the 90’s.
- Personal Guarantors in place and security
- Net Income of $76,000pa
- Ample car parking
- Growing residential suburb
- Improvements of 252sqm*

Introduction
Burgess Rawson are pleased to present to the market fully leased retail leased investment situated at 7 Paraguay Avenue, Greenfields. These easy care, low maintenance investment comprise a continental deli that has been operating since 1996. The Murdoch Drive Continental Super Deli has a 10 year lease in place having commenced in November 2015 with a further 5 year option until 2030. The property resides in the busy Greenfields Neighbourhood Shopping centre and are surrounded by complementary businesses that service the surrounding residential population.

Location
The properties are located in Greenfields approximately 72 kilometres south of the Perth CBD and approximately 4km north east from the town centre of Mandurah. The Greenfields Shopping Centre supports a large cohort of surrounding residential dwellings with a mix of commercial, retail and medical businesses in the centre. The centre resides on Murdoch Drive, which connects Mandurah Road to the Lakes Road, medical and commercial precinct

Title Details
The property is located in the Local Government Area of The City of Mandurah. The legal title for the subject property can be described as follows:


Murdoch Drive Continental Super Deli
Lot 6 - Volume 2120
Folio 681

Strata Area

Murdoch Drive Continental Super Deli
Lot 6 - 252sqm*

Planning
The property is located within the Local Government Area of The City of Mandurah and is zoned ‘Commercial’ under the city’s Town Planning Scheme No 3.

Goods and services Tax
The sellers are registered for GST and the property will be sold as a ‘Going Concern’.


Asking Price - Murdoch Drive Continental Super Deli
Lot 6: $950,000 Going Concern

Income - Murdoch Drive Continental Super Deli
$76,000 + Outgoings + GST

For further details, please contact the Selling Agents.

*Approx

Featured Details

Current Tenant Tenanted
Gross Building Area 252 sqm

Property Enquiry

Regarding Property ID: WA011578

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 perth@burgessrawson.com.au

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