255 , Adelaide Terrace, PERTH, WA


$1,455,000 (G.S.T. Going Concern)

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


Property Features
  • Category : Retail, Hotel/Leisure
  • Building Area: 190
  • Tenancy: Tenanted

Property Description
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.

- 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: **@**

Property Agent

Advert Id:68731

Name:Stephen Harrison

Phone: 0421 6****

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