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4 Progress Street
Morley WA 6062
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4 Progress Street Morley WA 6062

  • Shop & Retail
  • 393 m²
  • For Sale, UNDER OFFER (under offer)

Outstanding Retail Leased Investment

    + 4 Retail tenants across 5 strata lots
    + Approximately $178,014pa net rent
    + Between Galleria Shopping Centre and Coventry Village Markets
    + Future redevelopment potential

    Features
    + Morley City Centre
    + Zoned Centre Central Core Precinct
    + Highly sought after Food and Beverage Precinct
    + Adjacent to Galleria Shopping Centre
    + Opposite Coventry Village Markets
    + 697sqm Land holding

    Tenancy Details

    Lots 1 & 2: 146sqm
    Phong Dinh Vietnamese Cuisine
    Current Rent $68,236pa + Outgoings + GST
    Lease Expiry 30/6/2025
    CPI Rent reviews

    Lot 3: 73sqm
    Café Mullberries
    Current Rent $33,796pa + Outgoings + GST
    Lease Expiry 6/4/2025 + 5 Year Option
    CPI Rent Reviews

    Lot 4: 73sqm
    K.I Persian & Middle Eastern Grocery
    Current Rent $33,141pa + Outgoings + GST
    Lease Expiry 30/6/2025 + 5 Year Option
    CPI Rent reviews

    Lot 8: 101sqm
    Sakanaya Takumi Japanese Restaurant
    Current Rent $42,840pa + Outgoings + GST
    Lease Expiry 30/9/2028 + 5 Year Option
    CPI Rent reviews

    For further information please contact the Exclusive Selling Agent.

    Property Highlights

    Floor Area393 m²
    Land Area697 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019230482
    Category
    Last updated  3 Jul 2024
    Map for 4 Progress Street Morley WA 6062

    Property Highlights

    Floor Area393 m²
    Land Area697 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019230482
    Category
    Last updated  3 Jul 2024

    Listed by

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