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Sold on 20 Nov 2019

8 William Street Beckenham WA 6107

  • Retail
  • 2,140 m²
  • Sold

CANNINGTON BULKY GOODS PRECINCT

BLUE CHIP INVESTMENT OPPORTUNITY

Expressions of Interest

8 William Street represents an outstanding opportunity for an astute investor to significantly grow their portfolio.

Extensively refurbished, this strategically located asset offers secure income stream, with two national tenants, Adairs Retail Group Pty Ltd a fully owned subsidiary of ASX Listed Adairs Ltd (162 stores nationally) and Early Settler, ESR Group Holdings Pty Ltd (54 stores nationally).

Property Highlights:
- 2,140sqm* total NLA split into two tenancies plus 30 car bays
- Total land area 3,442sqm
- Prime location Surrounded by some of the nation's biggest brands - Spotlight, Bedshed, Retravision, BCF, Beacon Lighting and in the same strip as Anaconda, Good Guys, Freedom Furniture and a host of other destination brands.
- Total net rent $434,250 + GST
- Both tenancies leased till Oct 2025 plus 5-year options
- Fixed 3% rental increases
- Significant depreciation allowances
For further information, please contact:

Russ Parham
Ray White Commercial (WA)
M: 0499 552 255
E: russ.parham@raywhite.com

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

Chris Matthews
Ray White Commercial (WA)
M: 0413 359 315
E: chris.matthews@raywhite.com

Property Highlights

Property ID2015284965
Date Sold20 Nov 2019
Floor Area2,140 m²
Land Area3,442 m²
ParkingAsk Agent
Category
Last updated  20 Sep 2019
Map for 8 William Street Beckenham WA 6107
Ray White Commercial (WA)
Ground Floor, 12-14 The Esplanade Perth WA 6000

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