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335 Albany Highway
Victoria Park WA 6100
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Sold on 12 Apr 2022

335 Albany Highway Victoria Park WA 6100

  • Shop & Retail
  • 595 m²
  • Sold, $3,060,000

Prime Retail 6.7% Passing Yield - 5.17 year WALE

Corner site in the heart of Victoria Parks vibrant food retail precinct and opposite the Broken Hill Hotel and a range of cafes and restaurants.

With a healthy passing income and extended average lease expiry, the building also features vacant area, providing opportunity to increase the income and add value.

Anchored by high quality tenants, such as Crust Pizza, TAB and Red Basil Thai, the property provides a desirable balance between secure ongoing income and blue sky potential.

Featuring;
• $215,404.52pa (approx.) net passing income
• 5.17 year WALE (based on income)
• 595m2 of lettable, consisting of 407m2 of retail and 184m2 of office
• 554 m2 of land
• Corner position with heaps of exposure
• 15 m (approx.) frontage to Albany Highway and 35m (approx.) frontage to King George St
• Upstairs office vacant, well positioned for a conversion to residential
• Ongoing parking available directly behind in public carpark

For more information or to arrange an inspection please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

Ray White Commercial (WA)
Ray White Commercial (WA)
Ground floor, 12-14 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold12 Apr 2022
Sold Price$3,060,000
Floor Area595 m²
Land Area554 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017700364
Category
Last updated  22 Jun 2022
Map for 335 Albany Highway Victoria Park WA 6100
Ray White Commercial (WA)
Ray White Commercial (WA)
Ground floor, 12-14 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold12 Apr 2022
Sold Price$3,060,000
Floor Area595 m²
Land Area554 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017700364
Category
Last updated  22 Jun 2022

Co-Agents

Stephen Harrison
Stephen Harrison
Ray White Commercial (WA)
Call
0421 622 777
Brett Wilkins
Brett Wilkins
Ray White Commercial (WA)
Call
0478 611 168

More about 335 Albany Highway Victoria Park WA 6100

335 Albany Highway Victoria Park WA 6100 is categorized as Shop & Retail Property. It has a floor area of 595 m² and a land area of 554 m². The listing ID for this property is 2017700364.

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