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335 Albany Highway
Victoria Park WA 6100
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Sold on 7 Jun 2022

335 Albany Highway Victoria Park WA 6100

  • Shop & Retail
  • 595 m²
  • Sold, $3,060,000

Prime Retail 6.7% Passing Yield - 5.17 year WALE

    Corner site in the heart of Victoria Parks vibrant food retail precinct and opposite the Broken Hill Hotel and a range of cafes and restaurants.

    With a healthy passing income and extended average lease expiry, the building also features vacant area, providing opportunity to increase the income and add value.

    Anchored by high quality tenants, such as Crust Pizza, TAB and Red Basil Thai, the property provides a desirable balance between secure ongoing income and blue sky potential.

    Featuring;
    • $215,404.52pa (approx.) net passing income
    • 5.17 year WALE (based on income)
    • 595m2 of lettable, consisting of 407m2 of retail and 184m2 of office
    • 554 m2 of land
    • Corner position with heaps of exposure
    • 15 m (approx.) frontage to Albany Highway and 35m (approx.) frontage to King George St
    • Upstairs office vacant, well positioned for a conversion to residential
    • Ongoing parking available directly behind in public carpark

    For more information or to arrange an inspection please contact:

    Stephen Harrison
    Ray White Commercial (WA)
    M: 0421 622 777
    E: stephen.harrison@raywhite.com

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

    Property Highlights

    Date Sold7 Jun 2022
    Sold Price$3,060,000
    Floor Area595 m²
    Land Area554 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2017700364
    Category
    Last updated  22 Jun 2022
    Map for 335 Albany Highway Victoria Park WA 6100

    Property Highlights

    Date Sold7 Jun 2022
    Sold Price$3,060,000
    Floor Area595 m²
    Land Area554 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Property ID2017700364
    Category
    Last updated  22 Jun 2022
    Ground Floor, 12-14 The Esplanade Perth WA 6000

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