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Unit 3 & 4 16 Minilya Ave
White Gum Valley WA 6162
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Sold on 22 Aug 2016

Unit 3 & 4 16 Minilya Ave White Gum Valley WA 6162

  • Shop & Retail
  • 381 m²
  • Sold

LEASED THEN SOLD - BY DAVID LIGHTFOOT

David Lightfoot is pleased to present to the market this outstanding opportunity being Lots 6 & 7, 16 Minilya Ave, White Gum Valley.

This established neighborhood property is well located to service the surrounding residential areas with tenant/operator Cafe Lumos being a local favourite since 2010*.

Key features of the property include:

- Lots 6 & 7 leased to Caf Lumos
- 7%* Passing Yield
- New leases commenced 20th June 2016
- 5 year initial term
- 2 options of 5 years each
- 3% fixed annual reviews
- Market Rent reviews 2022 and 2027

This property offers astute investors long leases and an established tenant in a local cafe setting well frequented by residents from surrounding areas.

For further information please contact the exclusive selling agent David Lightfoot on 0499 888 123.

*Approx

Property Highlights

Date Sold22 Aug 2016
Floor AreaAsk Agent
Land Area381 m²
ParkingAsk Agent
Property ID2013087831
Category
Last updated  28 Sep 2016
Map for Unit 3 & 4 16 Minilya Ave White Gum Valley WA 6162

Property Highlights

Date Sold22 Aug 2016
Floor AreaAsk Agent
Land Area381 m²
ParkingAsk Agent
Property ID2013087831
Category
Last updated  28 Sep 2016
128b George Street East Fremantle WA 6158

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