C8/83 Walcott Street Mount Lawley, WA 6050
- Leased Retail Investment
- Located in the Heart of Mount Lawley
- Modern Development
This is an absolute gem of an investment opportunity. Located on Walcott Street – very close to the main Mount Lawley intersection off Beaufort Street this property is in the heart of the Mount Lawley retail hub.
Ground floor, street facing unit in a popular modern development close to Fresh Provisions, Dome Cafe and the Astor Theatre.
Sold as a going concern with a proven and reliable hair and beauty tenancy on a yield of approximately 5.5%. 18 months plus options remaining on lease commencing 1 January 2019.
The tenancy has 1 off title exclusive use car bay.
Expected Variable Outgoings 2018/19
Shire rates $3,711
Water rates $1,409
Strata Levies $2,800
Sale Price $880,000 – no GST if sold as a going concern.
Perth Commercial Property welcome your enquiry.