Location:

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

Price:

$995,000 (Going Concern)

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SECURE CBD INVESTMENT

Type: FOR SALE

Property Features
  • Category : Retail, Hotel/Leisure
  • Building Area: 350
  • Tenancy: Tenanted

Property Description
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: **@**

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: **@**

Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: **@**

*approximately
Property Agent

Advert Id:68545

Name:Russ Parham

Phone: 0499 5****

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