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159 Scarborough Beach Road Mount Hawthorn WA 6016

  • Shop & Retail
  • 181 m²
  • For Sale, CONTACT AGENTS

Established Lessee Pharmacy 777

    Knight Frank on behalf of the Receivers and Managers of AMS Holdings (WA) Pty Ltd (Receivers & Managers Appointed)(In Liquidation) are pleased to offer 159 Scarborough Beach Road, Mount Hawthorn for sale by Offers to Purchase closing Wednesday 14 April 2021 at 3pm (AWST).

    The property comprises of a recently refurbished retail tenancy located in the heart of the Mount Hawthorn commercial/retail precinct.

    The property will appeal to investors due to the established nature of the suburb, proximity to major activity centres and the security of the leased premises and future upside in rental.

    Key features include:
    496 sqm site with significant future development potential
    Leased to Pharmacy 777 on long lease term of 10 years plus options
    Leased below market rent (due to lessee funded improvements) with market review opportunities in the future
    Directly opposite The Mezz Shopping Centre
    Easy access to major freeways, local schools, major arterial roadways and close proximity to entertainment precincts on Oxford Street and Scarborough Beach Road.
    Gross Rental $73,000 inclusive of GST and outgoings. Approximate Net income $48,848.

    For more information please contact the exclusive selling agents.

    Property Highlights

    Property ID2016871279
    Floor Area181 m²
    Land Area496 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  17 Mar 2021
    Map for 159 Scarborough Beach Road Mount Hawthorn WA 6016
    Map for 159 Scarborough Beach Road Mount Hawthorn WA 6016159 Scarborough Beach Road Mount Hawthorn WA 6016

    Property Highlights

    Property ID2016871279
    Floor Area181 m²
    Land Area496 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  17 Mar 2021
    Knight Frank - Perth
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