Lot 1/134 Westfield Street Maddington WA 6109

Don't miss out on this brand new Caltex Service Station with Convenience store and Carwash. Complete newly constructed property with a long term secure lease makes this an outstanding investment.

The property is securely leased for 12 years, with a further 15 years of options. This is an asset that will be an easy to manage and a secure long term investment.

Ideally located in the newly rebuilt and fully upgraded Maddington Village Shopping Centre right in the heart of the fast growing Maddington district.

The property is offered on a street front parcel of 1,790sqm strategically positioned at the Westfield Street entry and carparking area of the Maddington Village Shopping Centre.

The Maddington Village shopping centre has 205 exclusive car bays and the entire centre has recently been rebuilt and remodelled to an exceptional standard by a respected West Australian developer to incorporate this newly constructed Service Station, Convenience Store & Carwash.

Maddington Village is the major site of the neighbourhood hub boasting a Butcher, Baker, Hair Salon & Beauty, Barber, Restaurants, Takeaway, Continental Foods, Deli, Newsagency, Liquor Store, Kitchenware, Childcare Centre, Fuel Station, Carwash and more.

• Net Income $309,000 (approx)
• 1,790sqm Survey Strata Lot (currently pending WAPC approval)
• Brand new construction Service Station, Convenience Store & Carwash (built 2024)
• 12 Year Lease (to 2036)
• 15 Years of Lease Options (3 x 5 Year Options)

Secure long leased investment. Just collect the rent!

Offers invited. Don't miss out on this unique opportunity. Call today for further information.