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Sold on 20 Sep 2019

2-4 Saltaire Way Port Kennedy WA 6172

  • Retail
  • 409 m²
  • Sold

FANTASTIC INVESTMENT WITH DEVELOPMENT UPSIDE

  • Strong lease covenants
  • Corner location on arterial road
  • Development upside

Port Kennedy Corner provides the opportunity to acquire a Caltex Service Station and Hungry Jack's with additional development land to suit a multitude of potential uses.

Investment highlights include:

- Located on the corner of Warnbro Sound Avenue & Port Kennedy Drive providing high exposure to 14,600* cars per day

- Strong lease covenants to national tenants Caltex & Hungry Jacks with a net income of $183,000pa*

- Within the expanding Port Kennedy Business Park, adjacent to Harvey Norman and in close proximity to Port Kennedy Bunnings

- Large 2Ha site with 1.4Ha of development land with flexible zoning to suit a multitude of uses

- Expanding catchment between Rockingham & Mandurah with a projected population growth of 4.86%p.a.

Property Highlights

Property ID2014196192
Date Sold20 Sep 2019
Floor Area409 m²
Land Area2 ha
ParkingAsk Agent
Category
Last updated  16 Jul 2019
Map for 2-4 Saltaire Way Port Kennedy WA 6172
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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