21 Ocean Drive North Coogee WA 6163

Ray White Commercial (WA) and Scoop Property jointly present this outstanding opportunity to secure a prime seaside investment along South Beach at the cusp of South Fremantle.

With a total floor area of 320sqm*, this ground floor property showcases a well established café offering internal and alfresco dining strategically positioned facing the ocean with direct beach access (with no road in front, which is very rare in WA) and only 60m from the ocean's edge. The property is easily accessible from South Terrace with a parking lot right next to the building complex.

Offered via set date sale closing Thursday, 17th February 2022
All offers above $1.4M will be presented

Lease Details:
• Current Tenant: QC & BT LTD
• Lease Commencement: 16 January 2017
• Lease Expiry: 31 January 2027
• Options: 2 further terms of 5 years up to 31 January 2037
• Annual Rent: $90,000 per annum (net)
• Outgoings: $35,000 per annum; Payable by the Tenant (as permitted by the Retail Tenancies Act)
• Rent Review: CPI Annually, Market at Option

For further information or to arrange an inspection, please contact the Agents:

Enrique Reyes
Ray White Commercial (WA)
M: 0421 888 688
E: enrique.reyes@raywhite.com

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

John Da Luz
Scoop Property - Fremantle
M: 0433 205 227
E: john@ScoopProperty.com.au

Santo Merenda
Scoop Property - Fremantle
M: 0438 386 578
E: santo@ScoopProperty.com.au

*Approximate