1 Brewer Place, Mirrabooka
- Strong Lease to Vet Practise
- 4.5 Year Lease in Place
- Green Title Property
THIS PROPERTY IS UNDER OFFER.
Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale via Submission of Offers 1 Brewer Street, Mirrabooka.
There is a long term, very strong lease in place to a Pets and Vets Clinic – a well established veterinary practise. The tenants are part of the Rick Fenny Group which operate a number of vet practices throughout WA. The tenant has been in occupancy of the property greater than 5 years and recently renewed their term for a further 5 years.
The ability to purchase property in tightly held Mirrabooka at the best of times can be difficult so this opportunity together with an exceptional lease in place will impress.
The property is very well positioned across from the significant Mirrabooka Square Shopping Centre and set in on the corner of Brewer Street and Farrier Street.
Site improvements: 240m2*
Site area: 369m2
The property is a functioning, approved use, veterinary centre with a rear enclosed yard.
THE LEASE DETAILS
Leased to 31 December 2025 (approx 4.5 years remaining)
Passing income of $83,333 pa plus GST and outgoings
Rent reviews Fixed 2% annually during term, market review between terms
Options 1 x 5 years
The City of Stirling advises the property is zoned Mixed Business and approved use is Veterinary.
Sale Price The property is offered for sale via submission of offers – please contact the selling agent.
Anna Valentine of Perth Commercial Property welcomes your enquiry.
*All areas approx