5/16 Minilya Ave WHITE GUM VALLEY, WA 6162

For Sale $395,000 nil GST (Going Concern)
Property Details

5/16 Minilya Ave WHITE GUM VALLEY, WA 6162

For Sale $395,000 nil GST (Going Concern)
Retail
Description

LEASED INVESTMENT - 6.73% pa* Passing Yield

Retail - WHITE GUM VALLEY WA

Situated in the heart of White Gum Valley next to the popular Cafe Lumos, this flexible and tightly held space has a new 3 plus 3 year lease and is now available for sale as a Leased Investment to Property Investors and SMSF offering an initial Passing Yield of 6.73% pa*.

Key Property Features;
– 140 sqm* strata area
– 96 sqm* floor area
– 3 unique floor areas
– 2 front door entrances
– Kitchenette and toilet facilities
– 1 allocated car bay and street parking available
– Central White Gum Valley location situated next door to the popular Cafe Lumos

Key Lease Details;
– 3 yr initial plus 3 yr option retail lease
– 23/04/2018 commencement date
– $26,600 pa net rent plus GST & VO
– $3,691 estimated VO plus GST
– 3% fixed annual increases
– Hair Dresser/Beautician Use

Please call for full details and to arrange an inspection.

*Approximate
Note: fitout shown may vary after tenant’s fitout is completed

Property Features
  • Retail
  • Land is 140 m²
  • Floor Area is 96 m²
  • Car Spaces