Lease Equity is pleased to offer For Sale by Offers to Purchase, Lot 26,51 Farrington Road, Leeming WA.
This freestanding strata titled drive through bottle shop is prominently located on Farrington Road adjacent to the Leeming Forum Shopping Centre (anchored by IGA) and is leased to Endeavor Group Limited and branded as BWS (a company of Woolworths Group Limited).
Farrington Road is a busy arterial road connecting with the Kwinana Freeway to the West and Karel Avenue to the East providing linkages to South Street and Roe Highway. Surrounding suburbs include Bull Creek, Jandakot, Murdoch and South Lake.
Property Highlights:
? Strata area: 723sqm*
? Strata Lettable area: 328sqm*
? Leased to beverage giant Endeavour Group Limited
? Term: 7 years plus 2 x 5-year options
? Net income: $140,000 per annum plus GST
This represents an exceptional opportunity to take advantage of record low interest rates and secure an investment with long term sustainable returns.