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CBD Leased Investment 6.2% Passing Yield 4.25 Year W.A.L.E.

255 Adelaide Terrace, PERTH WA, 6000

For Sale

Property for Sale in 255 Adelaide Terrace, PERTH WA, 6000

Ray White Commercial (WA)

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

Listing ID:
11332566
Status:
Active
For:
Sale
Price:
$1,455,000 (G.S.T. Going Concern)
Last Updated:
27/09/2019
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Property Type

Retail/Hotel/Leisure
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Land Area

N/A
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Floor Area

190 SQM
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Parking

N/A

CBD Leased Investment 6.2% Passing Yield 4.25 Year W.A.L.E.

Ray White Commercial (WA) are proud to offer for Sale Ground Floor/255 Adelaide Terrace, Perth.

Located two doors from the Duxton Hotel and Perth Concert Hall, only minutes from Elizabeth Quay, St Georges Terrace and a significant office population.

Leased to a long term tenant, with a good trading and payment history, this strata titled, food retail unit offers a rarely available investment opportunity.

Featuring;
- 190sqm* lettable area (129sqm* internal + 61sqm* exclusive alfresco area)
- Income of $92,922pa + Outgoings & G.S.T.
- Established 'Bakers Terrace Lunch Bar & Cafe' in occupation
- Approx. 4.25 years remaining on current term
- Street front positioning
- Modern building

For further information or to arrange an inspection please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

*approximate

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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