27/53 Davidson Terrace Joondalup WA 6027

NAI Harcourts Metro is pleased to present to the market this 133 sqm (approx.) leased investment property which is part of a two shop lease. Currently leased to a long term tenant, trading under the Dome brand, until 2025 with a further two 5 year option available.

Property details:
• Zoning "City Centre"
• 3 car bays
• Current return on investment of approximately 6.6% pa.

This property is located in Joondalup CBD near Joondalup Hospital, which is the major hospital in the Northern Suburbs, Lakeside Joondalup Shopping Centre, the third largest shopping centre in WA, the Joondalup train station and HBF Arena Joondalup are all accessible and in close proximity.

The city centre of Joondalup is a thriving multi residential and business hub where several State and Local Government's offices and staff are based including the City of Joondalup Administration and Library buildings, offices and staff of the State Government Department of Transport, the Department of Communities and the Department of Water and Environmental Regulation are all within walking distance from the premises.

The Kwinana / Mitchell Freeway is easily accessible from the property. The Joondalup train station is located to the immediate south of Lakeside Joondalup Shopping Centre, approximately 400m south of the property and provides public transport to the Perth CDB and Perth's Northern Suburbs.

If you are looking to purchase an investment property, then place this one high on your list!

Call Tony Romano on 0407 388 139 for further information.