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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
    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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