2831 Albany Highway Kelmscott WA 6111

- Long lease until 2029 plus options to 2039
- Income $172,800 pa net
- Land area 2,906sqm
- Dual street access
- Recently upgraded
- Dual takeaway drive thru

Introduction
Burgess Rawson is pleased to offer for sale by ‘Public Auction’ this outstanding opportuity to secure a long term leased investment in this truely unbeatable location.

Location
The property is located on Albany Highway Kelmscott approximately 25 kilometres South East of the Perth CBD. The property is located diagonally opposite Kelmscott Train Station and bookended by two shopping centres anchored by Coles and Woolworths. The property also adjoins a Spudshed supermarket.

Improvements
Freestanding predominantly brick walls and colourbond roof fast food outlet recently refurbished and extended to include a dual takeaway drive thru. There is access from Albany Highway and Streich Avenue.

Title Details
Lot 96 on Plan 695 Certificate of Title Volume 49 Folio 53A.

Land Area
2,906sqm

Zoning
The property is designated ‘Kelmscott Town Centre’ under the MRA.

Lease Details
Current Income $172,800 pa net + GST
Lease Expiry March 2029 plus option until 2039

Auction
The Auction will be held at the Parmelia Hilton Hotel Mill Street, Perth on Thursday, 7 June 2018 at 11.00am. Interstate bidding is available upon request. The successful bidder will be required to pay a 10% deposit on the fall of the hammer with the balance at settlement being Friday, 6 July 2018.

Goods and Services Tax
The property is sold as Going Concern.