197-205 Brisbane Street, Perth WA
OFFERS INVITED CLOSING 21 March 2024
Retail / commercial
546 sqm
AGENT INFORMATION
- Shannon Swarts
- ASSOCIATE DIRECTOR
- 08 9386 9981
- 0448218629
- Con Passaris
- PRINCIPAL
- 9386 9981
- 0412 004 374
Property Description
MULTI-LOT SALE: 5 Ground floor Strata lots on the corner of Brisbane Street and Lake Street PERTH WA 6000.
Lots 1, 2 & 3 are currently leased to two restaurants requiring a buyer to buy all 3 lots as a bundle. One tenant is on a monthly lease allowing an Investor to renegotiate a new lease or an owner-occupier to purchase and occupy the restaurant.
The lots feature corner exposure to Brisbane Street and Lake Street with a combined street frontage of approximately 40sqm.
Combined Strata Area: 375sqm
Lot 1 & part lot 2: Leased to 'Phi Yen Vietnamese' on a monthly holdover.
Lot 3 & part lot 2: Leased to "Peasants Paradice" expiring 30 Nov 2025 with 5-year option to renew.
Combined Rent: $116,523.54 pa net + GST
Outgoings: $25,762.00 pa + GST
Price: All Offers Invited - closing 21 March 2024
Lot 4 is currently leased to "Hair Boss" who have operated from the premises since Aug 2012 (11+ years). The current tenure expires on the 19th of August 2027 with a 5-year option to renew. The property features direct street exposure to Lake Street.
Strata Area: 85 sqm
Current Rent: $35,803.21 pa net + GST
Outgoings: $9,221.00 pa + GST
Price: All Offers Invited - closing 21 March 2024
Lot 5 is being sold with vacant possession. This is a fantastic opportunity for an owner-occupier to secure a tenancy in a high-profile location that has good exposure. The property will suit a large variety of operators including but not limited to café, Food, Retail and office (STCA)
Strata Area: 86 sqm
Price: All Offers Invited - closing 21 March 2024
All Strata Lots are zones Local Centre under the City of Vincent Town Planning Scheme No.2
All Strata Lots are being sold by an offers-invited campaign closing on the 21st of March 2024.
Contact Shannon, Jonathan or Con to arrange an inspection or to request a detailed IM Report.
For more information or to arrange an inspection, please contact us today.
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