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326 Canning Highway
Bicton WA 6157
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Sold on 8 Sep 2021

326 Canning Highway Bicton WA 6157

  • Hotel, Motel, Pub & Leisure
  • 6,828 m²
  • Sold

Coveted big box liquor and pub investment

  • Irreplaceable freehold investment
  • Blue chip covenant with Coles subsidiary
  • Dominant 6,828sqm site

JLL is delighted to offer for sale the freehold interest in the First Choice Liquor Market and Leopold Hotel.

* Irreplaceable opportunity to purchase both a large format liquor store and 114 year old local pub
* First Choice Liquor Market, Bicton constructed in 2008
* 100% leased investment with 'blue chip' covenant to a wholly owned subsidiary of Coles Group Limited
* Passing net income of over $1.07 million
* Pub currently operated by Australian Venue Co. Australia's second largest hospitality operator
* Dominant 6,828sqm* landholding on busy Canning Highway with over 24,000 passing vehicles on weekdays
* Centrally located less than 5kms north east of Fremantle and 14.5kms south west of the Perth CBD
* Mature local catchment with dense residential population

*Approx.

Don't miss out on the opportunity to acquire a coveted big box liquor asset and iconic pub with a significant income stream and secure covenant.

For Sale by Expressions of Interest closing Tuesday 20 April at 3.00pm (AWST).

For further information on this opportunity, please contact the exclusive agents.

Property Highlights

Date Sold8 Sep 2021
Floor Area6,828 m²
Land Area6,828 m²
ParkingOn site parking available
Property ID2016879077
Category
Last updated  16 Nov 2021
Map for 326 Canning Highway Bicton WA 6157

Property Highlights

Date Sold8 Sep 2021
Floor Area6,828 m²
Land Area6,828 m²
ParkingOn site parking available
Property ID2016879077
Category
Last updated  16 Nov 2021
Level 31 Central Park 152-158 St Georges Terrace Perth WA 6000

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