198 Brookton Highway Kelmscott WA 6111

Rare investment/owner occupier opportunity in the Brookton Valley in Kelmscott with 2 existing tenants and a vacant tenancy.
Well known community eateries.
• Land Area 3058m2
• Building area 646m2
• Zoned - Commercial - Local Centre
• Brick construction, extremely well presented and is in a beautiful valley setting.

UNITS 1 & 2
(Brookton Burgers)
Area 142m2 (68m2 + 74m2)
Lease term 5 years
Expires 21/3/2027
Options Nil
Current Rent $23,346pa + GST + variable outgoings
Rent Increases annual 2 % per annum fixed

UNIT 4
(Lifang Valley Chinese)
Area 150m2
Lease Term 5 year + 2 x 3 year options
Expires 31/08/2026
Current Rent $30,467pa + GST + variable outgoings
Rent Increases Annual 2 % fixed increase with Market rent review on commencement option

UNIT 2
(Vacant)
Area 271m2 restaurant /retails area
83m2 storage area
Potential Rent $40,000 + per annum

This unit was previously a restaurant and other than the stoves is still set up for this type of business
• Reception counter
• Reverse Cycle a/c
• Cool room & freezer
• Dry store and Pizza oven as well.
• Male/Female & ambient toilets
• Kitchen area with Exhaust fans and gas connections

Fully leased the property will produce in the range of $93,000 to $95,000 per annum net (approx)
Buy as an investment or run your own business and have the other tenancies paying rent.
As a bonus the property is also strata titled so this provides an added attraction to this investment as units could be sold off independently to assist liquidity if required in the future.

Contact Mike Dunsmore on 0413 754 110 to arrange a viewing of this property.