Ideal Leased Retail Investment In the Heart of Mount Lawley

Address: C8/83 Walcott Street
Suburb: Mount Lawley
Building Area: 97 m2
Yard Area:
Parking: 1 exclusive car bay
Price: $880,000

Additional Features:

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 on this property:
Anna Valentine


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