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2/265 Walcott street
North Perth WA 6006
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Sold on 12 Feb 2021

2/265 Walcott street North Perth WA 6006

  • Shop & Retail
  • 83 m²
  • Sold, $393,000

Don't miss this opportunity to invest in a long-term high yield investment

The tenant has occupied this premise for over seven years, and has focused on building his business that shouldn't allow this shop to go out of fashion.

With high walking traffic and a high volume of passing cars each day, this is an investment that should always be easy to lease if the shop should ever become vacant as demand for good exposure premises is always in high demand, minimizing any future vacancy issues.

Situated on a busy main road in North Perth this complex has an assortment of businesses which to name a few are a pizza shop, café, fast food outlets, wholesale veg and beauty boutiques.

Be fast to secure your interest as this is priced to sell.

Note: the current rent represents a period discount with the opportunity to renegotiate in the medium term and provide substantially higher returns, Leased at $25,470 gross to the owner.

Features:

• 83m2

• Open plan

• Storeroom/kitchen/laundry

• Well-positioned near Edith Cowan university Mt Lawley

• Surrounded by affluent suburbs: Mt Hawthorn, Mt Lawley, Yokine and 4km to the city

• Abundant free customer parking

• Set and forget investment opportunity

Property Highlights

Date Sold12 Feb 2021
Sold Price$393,000
Floor Area83 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2016784955
Category
Last updated  3 May 2021
Map for 2/265 Walcott street North Perth WA 6006

Property Highlights

Date Sold12 Feb 2021
Sold Price$393,000
Floor Area83 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2016784955
Category
Last updated  3 May 2021

Listed by

ProProperty Group
Call
08 94437088

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