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Unit 1/202 Star Street
Welshpool WA 6106
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Sold on 12 Sep 2023

Unit 1/202 Star Street Welshpool WA 6106

  • Factory, Warehouse & Industrial
  • 149 m²
  • Sold

LONG TERM LUNCH BAR INVESTMENT

    Unit 1, 202 Star Street comprises a quality unit situated in a busy industrial precinct within Welshpool - leased to 'Island Vibes Café' until October 2029.

    Operating as a lunch bar and catering facility, the building of 149sqm occupies a prominent corner position within the four unit complex and comprises a glazed shop front with brick elevations and metal deck roof cover. Situated on a 245sqm survey strata lot, a 96sqm yard provides ample parking across seven (7) parking bays and bonus yard space.

    Key Features
    * Over Six years remaining on lease
    * Core Welshpool Location
    * Net Passing Income of $38,189 pa
    * Survey Strata Lot - 245sqm

    Tenancy Details
    * Tenant: Island Vibes Café
    * Net Rent: $38,189 pa
    * Lease expiry: October 2029
    * Reviews: Annual to CPI

    Property Highlights

    Date Sold12 Sep 2023
    Floor Area149 m²
    Land Area245 m²
    ParkingAsk Agent
    Property ID2018722685
    Category
    Last updated  9 Oct 2023
    Map for Unit 1/202 Star Street Welshpool WA 6106

    Property Highlights

    Date Sold12 Sep 2023
    Floor Area149 m²
    Land Area245 m²
    ParkingAsk Agent
    Property ID2018722685
    Category
    Last updated  9 Oct 2023

    Co-Agents

    Charlie Lamb
    Charlie Lamb
    MLV Real Estate
    Call
    0488 551 052

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