Burgess Rawson is pleased to offer to the market Unit 1, 18 Portobello Drive, Dalyellup WA for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
+ New 13-year net lease to Last Slice Sports Bar to 2036.
+ One further 10-year option to 2046.
+ Last Slice Sports Bar: experienced and successful local operator with expanding network.
+ Fixed 3% annual rent increases plus ratchet provisions.
+ Tenant pays all outgoings including land tax, rates, insurances and management fees.
+ Impressive premises with extensive $1 million tenant fit-out and licensed for 400 patrons.
+ New construction, offering significant depreciation benefits.
+ 1,259sqm* site, opposite Dalyellup Shopping Centre home to national tenants including Woolworths and Dominos and within metres of leading national retailers including McDonald's, Hungry Jack's, KFC and 7-Eleven.
+ Strategically positioned just 380 meters from Bussell Highway, a vital north-south commuter route connecting Bunbury and Augusta.
+ Dalyellup: booming, affordable family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 6 kilometres from Bunbury CBD.
+ Net Income: $244,007 pa + GST.
For Sale by Expressions of Interest
Closing 3pm (AEST) Wednesday 10 April 2024
