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315 Hay Street
Subiaco WA 6008
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Sold on 16 Jul 2018

315 Hay Street Subiaco WA 6008

  • Shop & Retail
  • 306 m²
  • Sold

Prime Subiaco Investment Property

  • Successful Restaurant Premises 50 Years
  • Iconic Business Location
  • Corner Townshend Road

Realwest Property is pleased to offer For Sale 315 Hay Street on the corner of Townshend Road, Subiaco.

Many people will recognize this building and intersection on Hay Street in Subiaco for its prominence and the restaurants that have operated from the building for over 50 years.The current tenant, The Santa Fe Mexican Restaurant has been trading since 1999.

Improvements
Restaurant 208 sqm
Garden alfresco 76 sqm
Storage 22 sqm
Total 306 sqm

Zoning
Commercial/Residential - City of Subiaco TPS

Tenancy
Leased to the Santa Fe Mexican Restaurant until 28 February, 2020
Net Income - $121,222 pa + Outgoings + GST
Rent Review - 4% increase, 1 March, 2019

17/18 Statutory Budgeted Outgoings
City of Subiaco rates $10,200 pa
Water Corporation rates $ 3,100 pa
Land Tax $ 4,600 pa

Goods and Services Tax
The property is sold as a "Going Concern".

Price
Offers To Purchase closing 4pm AWST, Friday 11th May, 2018.

For further information or to arrange an inspection, please contact the exclusive selling agent Hayden Smith 0408 909 899.

Realwest Property Subiaco
Realwest Property Subiaco
37A Lemnos Street
Shenton Park, WA 6008

Property Highlights

Date Sold16 Jul 2018
Floor Area306 m²
Land Area347 m²
Parking1 x Onsite parking
Property ID2014331884
Category
Last updated  16 Jul 2018
Map for 315 Hay Street Subiaco WA 6008

Nearest transport* to 315 Hay Street Subiaco WA 6008

Bus
Train
Hay St After Ellen St114 m
Roberts Rd Before Ellen St228 m
Bagot Rd Before Francis St355 m
Hay St Before Rokeby Rd356 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Realwest Property Subiaco
Realwest Property Subiaco
37A Lemnos Street
Shenton Park, WA 6008

Property Highlights

Date Sold16 Jul 2018
Floor Area306 m²
Land Area347 m²
Parking1 x Onsite parking
Property ID2014331884
Category
Last updated  16 Jul 2018

Listed by

Hayden Smith
Hayden Smith
Realwest Property Subiaco
Call
0408 909 899

More about 315 Hay Street Subiaco WA 6008

315 Hay Street Subiaco WA 6008 is categorized as Shop & Retail Property. It has a floor area of 306 m² and a land area of 347 m². There are 1 x onsite parkings.The listing ID for this property is 2014331884.

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