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UNDER INSTRUCTION FROM THE AGENTS FOR THE MORTGAGEE IN P...

18 Wittenoom Street, BUNBURY WA, 6230

For Sale

Property for Sale in 18 Wittenoom Street, BUNBURY WA, 6230

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

Listing ID:
11347126
Status:
Active
For:
Sale
Price:
Expressions of Interest
Last Updated:
01/06/2019
Icon building

Property Type

Retail
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Land Area

293 SQM
Icon size

Floor Area

212 SQM
Icon parking

Parking

N/A

UNDER INSTRUCTION FROM THE AGENTS FOR THE MORTGAGEE IN POSSESSION OF THE PROPERTY

An exceptional opportunity to acquire an inner-city Bunbury restaurant with a long history of cash flow.

The property consists of a 212sqm*, 50 seat Indian restaurant named Jo's Curry House on 293sqm* of land, 2 fully equipped kitchens, male & female toilets and a courtyard. The property is fully tenanted for a further 6.5 years** plus a further 5-year option.

Tenant details:

- Leased to Jo's Curry House
- Leased until 2025** with a further 5-year option
- Passing rent of $42,498.72 per annum + Outgoings

Located in inner-city Bunbury the property is walking distance to shops, entertainment centres and landmarks including Centrepoint Bunbury, Bunbury Regional Entertainment Centre, Bunbury Foreshore and Koombana Bay. The City of Bunbury has a population just over 33,000 and continues to grow every year making this property a wise investment choice.

* Approximately
** Agreed, subject to execution of a Deed of Variation

For further information or to arrange an inspection, please contact:

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

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

For more details, please email agent


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Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000


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