Kong Wai Wong with Mark Hay Realty is pleased to present this amazing long term leased retail property with multinational tenant Subway located next to the Warwick Grove Shopping Centre www.warwickgrove.com.au. With bank interest rates offering virtually zero return, this retail shop offers an astute investor peace of mind return for almost 7 years with a further option 7 more years.
Fast facts:
150m2 of commercial shop
Leased to blue chip multinational tenant Subway
Rental return of $60,000 per annum commenced 1st November 2021
Leased for 7 years from 2021 till 2028
Option for further 7 years from 2028 till 2035
Annual increment of 3%, Market Review 2028
Bank Guarantee $37,000+
Other shops nearby includes Dome Café, Westpac Bank, Grand Cinema, Serenade Palace Chinese Restaurant, Little India, McDonalds, Coles, Woolworths, Kmart, ALDI plus many more.
Contact Exclusive Selling Agent Kong Wai Wong 0477 333 450 to secure your new commercial investment property in this ever popular Perth suburb of Warwick just 18km North of Perth.
Council Rates: $5,684.38 approx
Water Rates: $1,574.24 approx
Strata Rates: $3,617.50 approx/qtr
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