Sold
Shop 11/533-535 Walter Road,
Morley 6062, Western Australia
$840,000
Property details
-
Agents
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
• 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
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact Tom Jones
Contact Tom Jones
Tom Jones
Shop 11/533-535 Walter Road, Morley WA 6062
Request a callback
Tom Jones
Shop 11/533-535 Walter Road, Morley WA 6062