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Shop 11/533-535 Walter Road
Morley WA 6062
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Sold on 18 May 2023

Shop 11/533-535 Walter Road Morley WA 6062

  • Shop & Retail
  • 193 m²
  • Sold, $840,000

Grab a slice of Morley!

    • Fast Food Drive-Thru Investment
    • Established Tenant
    • 4+ Years WALE

    Grab this Investment while it's hot!
    193m2 fast food/restaurant investment with drive-thru currently leased to the very popular and well-established Centre Point Pizza who have been supreme-ly known to the area since 2007*

    The premises is prominently positioned fronting Walter Road East with around 15,000* cars passing daily and shares a large carpark with a range of different businesses including shops, restaurants, gyms and offices.

    Property Particulars
    • Lot 11, strata plan 18033, volume 1851, Folio 635
    • 308m2 total strata area (including drive-thru)
    • 193m2 of improvements

    Lease Particulars
    • Lease commenced 1st of November 2017
    • Lease exp 21 October 2027 (4+ years remaining) with a further 5-year option
    • Income $52,167.34pa + outgoings + GST
    • Fixed 3% annual reviews
    • Market reviews 1/11/2023 (rental evidence available) & 01/11/2027

    For further information or to arrange an inspection please contact:

    Lachlan Burrows
    Ray White Commercial (WA)
    Mobile: 0499 552 296
    Email: Lachlan.burrows@raywhite.com

    Tom Jones
    Ray White Commercial (WA)
    Mobile: 0478 771 117
    Email: tom.jones@raywhite.com

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

    Property Highlights

    Date Sold18 May 2023
    Sold Price$840,000
    Floor Area193 m²
    Land Area308 m²
    ParkingAsk Agent
    Property ID2018413104
    Category
    Last updated  9 Jun 2023
    Map for Shop 11/533-535 Walter Road Morley WA 6062

    Nearest transport* to Shop 11/533-535 Walter Road Morley WA 6062

    Bus
    Train
    Tram
    Ferry
    Walter Rd East Before Grey St64 m
    Walter Rd East After Grey St71 m
    Maidstone Wy Hampton Senior High School277 m
    Beechboro Rd After Mickleham Rd286 m
    Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
    *Within a 4km radius
    Did you find this helpful?
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    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Ray White Commercial (WA)
    Ray White Commercial (WA)
    Ground floor, 12-14 The Esplanade
    Perth, WA 6000

    Property Highlights

    Date Sold18 May 2023
    Sold Price$840,000
    Floor Area193 m²
    Land Area308 m²
    ParkingAsk Agent
    Property ID2018413104
    Category
    Last updated  9 Jun 2023

    Co-Agents

    Tom Jones
    Ray White Commercial (WA)
    Call
    0478 771 117
    Lachlan Burrows
    Ray White Commercial (WA)
    Call
    0499 552 296

    More about Shop 11/533-535 Walter Road Morley WA 6062

    Shop 11/533-535 Walter Road Morley WA 6062 is categorized as Shop & Retail Property. It has a floor area of 193 m² and a land area of 308 m². The listing ID for this property is 2018413104.

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