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Sold on 5 Apr 2021

2/265 Walcott street North Perth WA 6006

  • Shop & Retail
  • 83 m²
  • Sold, $393,000

Don't miss this opportunity to invest in a long-term high yield investment

    The tenant has occupied this premise for over seven years, and has focused on building his business that shouldn't allow this shop to go out of fashion.

    With high walking traffic and a high volume of passing cars each day, this is an investment that should always be easy to lease if the shop should ever become vacant as demand for good exposure premises is always in high demand, minimizing any future vacancy issues.

    Situated on a busy main road in North Perth this complex has an assortment of businesses which to name a few are a pizza shop, café, fast food outlets, wholesale veg and beauty boutiques.

    Be fast to secure your interest as this is priced to sell.

    Note: the current rent represents a period discount with the opportunity to renegotiate in the medium term and provide substantially higher returns, Leased at $25,470 gross to the owner.

    Features:

    • 83m2

    • Open plan

    • Storeroom/kitchen/laundry

    • Well-positioned near Edith Cowan university Mt Lawley

    • Surrounded by affluent suburbs: Mt Hawthorn, Mt Lawley, Yokine and 4km to the city

    • Abundant free customer parking

    • Set and forget investment opportunity

    Brian McAllister
    ProProperty Group
    Brian McAllister
    ProProperty Group

    Property Highlights

    Property ID2016784955
    Date Sold5 Apr 2021
    Sold Price$393,000
    Floor Area83 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  3 May 2021
    Map for 2/265 Walcott street North Perth WA 6006
    Map for 2/265 Walcott street North Perth WA 60062/265 Walcott street North Perth WA 6006
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    • Purchase price

      $
      393,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Brian McAllister
    ProProperty Group
    Brian McAllister
    ProProperty Group

    Property Highlights

    Property ID2016784955
    Date Sold5 Apr 2021
    Sold Price$393,000
    Floor Area83 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Category
    Last updated  3 May 2021
    ProProperty Group
    5/250 Oxford Street Leederville WA 6007
    Brian McAllister
    ProProperty Group
    Brian McAllister
    ProProperty Group

    Ask Brian McAllister about this property

    Brian McAllister

    Brian McAllister

    ProProperty Group

    0418 *** ***
    0418 896 354

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