Location:

160 , Hampden Road, Nedlands, WA

Price:

$520,000 (Going Concern)

Enquire Now

Boutique Leased Investment

Type: FOR SALE

Property Features
  • Category : Retail
  • Building Area: 36.00

Property Description
A high profile and high traffic retail shop just metres from the Hospital precinct and in immediate proximity to UWA is on the market, with various medico’s and students said to visit the café daily.

A fantastic opportunity to secure a great investment securely leased to the popular Felix & Co. Specialty Coffee in the heart of Nedlands.

Key Details:
- Total building area 50sqm*
- 36sqm* + 1 undercover secure car bay on title
- Busy neighbourhood cafe in prime location
- Affordable investment
- Tightly held precinct
- Established 7 year business

Current Lease Particulars:
Lessee: Typica Coffee Group Pty Ltd
Lease Term: 5 years
Lease Expiry: 23rd May 2023
Option: 3 x 3 year options
Current Net Income: $27,270.12 pa + GST
Rent Reviews: Fixed CPI annual increases
Outgoings: Payable by the Lessee

Location:
160 Hampden Road is situated between Hardy Road and Karella Street and across the road from Dôme Café, Nedlands. The property is located within walking distance to the New Childrens Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia. Hampden Road offers a wide range of retail amenities and excellent lifestyle elements including cafes, banks, bottle shops, supermarkets, restaurants, medical facilities and pharmacies.

Asking Price:
$520,000 (Going Concern)

To book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agents Jack Bradshaw (0439 095 336) and Brian Neo (0411 868 486).

* Approximate
Property Agent

Advert Id:82133

Name:Jack Bradshaw

Phone: 08 922****

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