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SECURE CBD INVESTMENT

Lot 2, 112 Mounts Bay Road, PERTH WA, 6000

Sold

Property Sold in Lot 2, 112 Mounts Bay Road, PERTH WA, 6000

Ray White Commercial (WA)

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

Listing ID:
11332102
Status:
Sold
Price:
$995,000 (Going Concern)
Last Updated:
13/02/2020
Icon building

Property Type

Hotel/Leisure/Retail
Icon square

Land Area

N/A
Icon size

Floor Area

350 SQM
Icon parking

Parking

N/A

SECURE CBD INVESTMENT

Ray White Commercial (WA) is pleased to exclusively present for sale Courtside Restaurant - Lot 2, 112 Mounts Bay Road, Perth.

The property is located in Mounts Bay Village, a mixed residential/commercial development of almost 500 strata units across 9 buildings consisting of short-term and long-term apartments, offices and a restaurant (subject property). Close to the Perth Convention Centre, CBD and foot of Kings Park the properties represent an excellent location for a stable investment for years to come.

Property details:
Lot 2/112 Mounts Bay Road, Perth comprises of a 350sqm (gross) restaurant with alfresco and internal terrace with 3 allocated parking bays.

Tenant details:
- Leased to Waldorf Group, an Australian Subsidiary of Daiwa Living
- Leased until 2028 with a further 10 year option
- Passing rent of $61,980 per annum + Outgoings

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

Russ Parham
Ray White Commercial (WA)
M: 0499 552 255
E: russ.parham@raywhite.com

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

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com

*approximately

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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