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Shop 11/533-535 Walter Road,
Morley 6062, Western Australia

308m² land size
193m² building size
Retail

$840,000


Property details

Grab a slice of Morley!

• Fast Food Drive-Thru Investment
• Established Tenant
• 4+ Years WALE

Grab this Investment while it's hot!
193m2 fast food/restaurant investment with drive-thru currently leased to the very popular and well-established Centre Point Pizza who have been supreme-ly known to the area since 2007*

The premises is prominently positioned fronting Walter Road East with around 15,000* cars passing daily and shares a large carpark with a range of different businesses including shops, restaurants, gyms and offices.

Property Particulars
• Lot 11, strata plan 18033, volume 1851, Folio 635
• 308m2 total strata area (including drive-thru)
• 193m2 of improvements

Lease Particulars
• Lease commenced 1st of November 2017
• Lease exp 21 October 2027 (4+ years remaining) with a further 5-year option
• Income $52,167.34pa + outgoings + GST
• Fixed 3% annual reviews
• Market reviews 1/11/2023 (rental evidence available) & 01/11/2027

For further information or to arrange an inspection please contact:

Lachlan Burrows
Ray White Commercial (WA)
Mobile: 0499 552 296
Email: Lachlan.burrows@raywhite.com

Tom Jones
Ray White Commercial (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com

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