Skip to main content
Shop 1/412 Beechboro Road North
Morley WA 6062
SearchBack to results
Sold on 5 Nov 2023

Shop 1/412 Beechboro Road North Morley WA 6062

  • Shop & Retail
  • 259 m²
  • Sold

SUPERB RETAIL INVESTMENT, LIQUORLAND AS TENANT

  • LEASE TO LIQUORLAND AUSTRALIA
  • COLES SUPERMARKET AS ANCHOR TENANT
  • STREET/CAR PARK FRONT LOCATION

PROPERTY HIGHLIGHTS

- Strata area of 259 m2* located on the exterior perimeter of the shopping centre.

- Part of a thriving retail complex comprising 17 strata lots with a Coles supermarket as the anchor Tenant.

- Located adjacent Carramar Retirement Village and surrounded by R40 and R25 residential areas providing clientele/consumers for shopping complex's Tenants.

- Passing income $130,946.71 pa plus GST plus outgoings (as per lease) plus GST (Landlord pays property management fee which is unaccounted for in passing income).

- Lease in place to Liquorland (Australia) Pty Ltd. Head Lease commenced on the 16th December 1999 with current term expiring on the 15th December 2024 with two further 5 year options expiring on the 15th December 2029 and 15th December 2034.

- Next rental review due on the 16th December 2023 to an increase of CPI.

- Tenant has occupied the property for near to 24 years.

- Complex comprises specialty businesses servicing the surrounding neighbourhood community which includes a newsagent, pharmacy, dental practitioner, hairdresser plus various food related retail outlets.

- Tenancy benefits from multiple access points including exterior of property from car park and inside the mall.

- Beneficial roller door access for stock handling.

- Zoned Business under the City of Bayswater District Town Planning Scheme No24.

This property will suit the investor looking to add a quality asset with desirable lease covenant to their property portfolio.

For further information, please contact the exclusive listing agent via the details below.

* Approximate Area Only.

Ron Farris Real Estate
Ron Farris Real Estate
Suite 9, 23 Richardson St
South Perth, WA 6151

Property Highlights

Date Sold5 Nov 2023
Floor Area259 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018696049
Category
Last updated  24 Jan 2024
Map for Shop 1/412 Beechboro Road North Morley WA 6062
Ron Farris Real Estate
Ron Farris Real Estate
Suite 9, 23 Richardson St
South Perth, WA 6151

Property Highlights

Date Sold5 Nov 2023
Floor Area259 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018696049
Category
Last updated  24 Jan 2024

Listed by

Paul Farris
Ron Farris Real Estate
Call
0424 888 778

More about Shop 1/412 Beechboro Road North Morley WA 6062

Shop 1/412 Beechboro Road North Morley WA 6062 is categorized as Shop & Retail Property. It has a floor area of 259 m². The listing ID for this property is 2018696049.

More Shop & Retail properties for Sale in Morley WA

Sold
shop 14/238 walter road west,morley, WA 6062
90 m²
Shop & Retail
Sold
4 progress street,morley, WA 6062
393 m²
Shop & Retail
Sold$650,000
9/533-535 walter road east,morley, WA 6062
205 m²
Shop & Retail