49 Berrigan Drive South Lake WA 6164

South Lake has the outstanding credentials sought by astute investors, including:

* Take advantage of record low interest rates.
* Established single level centre of 3,107.2sqm in a strong and growing catchment.
* Large land holding of 1.194Ha with street frontages to Berrigan Drive and South Lake Drive.
* Metcash IGA supermarket plus 11 speciality stops, 2 ATM's, a free standing United Petroleum Service Station and a Muzz Buzz drive through facility plus 218 onsite parking bays.
* Good speciality tenancy mix including newsagency with lotto, pharmacy, ladies hair and beauty salon, men's hairdressing, bakery, fish and chips, deli convenience store and take away foods.
* Estimated fully leased net income of $698,228 pa.

South Lake Shopping Centre is being offered for sale by Private Treaty with an asking price of $7,000,000, reflecting a yield of nearly 10%.