David Lightfoot of Time Conti Sheffield Commercial is pleased to offer for Sale this Leased Investment property. Currently returning a 6% pa Passing Yield, this property offers a solid return at an achievable price point for most property investors and self-managed super funds.
Currently leased as a Butcher Shop, this property is suitable for Shop and Takeaway Food uses (STCA).
Improvements:
- 65sqm* Floor Area
- 15sqm* Rear Yard
Key Features:
- Grease trap and fan
- 3 phase power
- Aircon to shop area
- Rear yard
- Street frontage to Cecil Ave
Location:
The property is located on busy Cecil Ave in the Carousel shopping precinct, close to big brand retailers and service businesses alike.
Zoning:
The City of Canning advises under the Town Planning Scheme No.40 the land is zoned City Centre which provides for a wide range of possible uses including retail, takeaway food, lunch bar, offices, medical consulting rooms and more (STCA).
Lease Details:
- Net Rental of $16,357pa plus Variable Outgoings and GST
- Current / Initial Term to 21 Feb 2018
- Option of 5 Years
For more information:
David Lightfoot
M: 0499 888 123
E: dlightfoot@timeconti.com.au
* approximate
(STCA) subject to council and strata approval
