Lease Equity is pleased to offer For Sale by Offers to Purchase, Lot 26,51 Farrington Road, Leeming WA.
This freestanding strata titled drive through bottle shop is prominently located on the corner of Farrington and Findlay Road and forms part of the Leeming Forum Shopping Centre, anchored by IGA. The property is leased to Endeavour Group Limited (BWS) 85.4% owned by Woolworths Group Limited and 14.6% BMG.
Farrington Road is a busy arterial road connecting with the Kwinana Freeway to the West and Karel Avenue to the East providing linkages to South Street and Roe Highway. Surrounding suburbs include Bull Creek, Jandakot, Murdoch and South Lake.
Property Highlights:
- Strata area: 723sqm*
- Strata Lettable area: 328sqm*
- Leased to beverage giant Endeavour Group Limited
- Term: 7 years plus 4 x 5-year options
- Net income: $140,000 per annum plus GST
This represents an exceptional opportunity to take advantage of record low interest rates and secure an investment with long term sustainable returns.
Offers to Purchase
Closing 4pm (AWST) Friday, 11th December 2020
For further information or to arrange an inspection, please contact Luke Pavlos of Lease Equity on 0420 880 880.
*Approx
