1/18 Portobello Road,
Dalyellup, WA 6230
Hotel, Motel & Leisure • Showrooms & Large Format Retail • Medical & Consulting
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Sale - Expression of Interest
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Map of 1/18 Portobello Road
Bus stops within 5 km of 1/18 Portobello Road, Dalyellup, WA 6230 Distance Parade Rd Before Norton Prom 345 m Parade Rd After Norton Prom 370 m Wake Dr Before Norton Prom 511 m Norton Prom After Dalyellup BVD 627 m Parade Rd Before Murtin Rd 638 m POWERED BY HERE ©
POWERED BY HERE ©
Monopoly Tavern in High Growth Location | New 13 Year Lease to Successful Tavern Operator
- Fixed 3% annual rent reviews
- Tenant pays all outgoings incl land tax
- Recent $1 million tenant fit-out
Burgess Rawson is pleased to offer to the market Unit 1, 18 Portobello Drive, Dalyellup WA for sale via Expressions of Interest.
This opportunity has the following key investment highlights:
+ New 13-year net lease to Last Slice Sports Bar to 2036.
+ One further 10-year option to 2046.
+ Last Slice Sports Bar: experienced and successful local operator with expanding network.
+ Fixed 3% annual rent increases plus ratchet provisions.
+ Tenant pays all outgoings including land tax, rates, insurances and management fees.
+ Impressive premises with extensive $1 million tenant fit-out and licensed for 400 patrons.
+ New construction, offering significant depreciation benefits.
+ 1,259sqm* site, opposite Dalyellup Shopping Centre home to national tenants including Woolworths and Dominos and within metres of leading national retailers including McDonald’s, Hungry Jack’s, KFC and 7-Eleven.
+ Strategically positioned just 380 meters from Bussell Highway, a vital north-south commuter route connecting Bunbury and Augusta.
+ Dalyellup: booming, affordable family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 6 kilometres from Bunbury CBD.
+ Net Income: $244,007 pa + GST.
For Sale by Expressions of Interest
Closing 3pm (AEST) Wednesday 10 April 2024
This opportunity has the following key investment highlights:
+ New 13-year net lease to Last Slice Sports Bar to 2036.
+ One further 10-year option to 2046.
+ Last Slice Sports Bar: experienced and successful local operator with expanding network.
+ Fixed 3% annual rent increases plus ratchet provisions.
+ Tenant pays all outgoings including land tax, rates, insurances and management fees.
+ Impressive premises with extensive $1 million tenant fit-out and licensed for 400 patrons.
+ New construction, offering significant depreciation benefits.
+ 1,259sqm* site, opposite Dalyellup Shopping Centre home to national tenants including Woolworths and Dominos and within metres of leading national retailers including McDonald’s, Hungry Jack’s, KFC and 7-Eleven.
+ Strategically positioned just 380 meters from Bussell Highway, a vital north-south commuter route connecting Bunbury and Augusta.
+ Dalyellup: booming, affordable family-orientated suburb with excellent access to key retail, commercial and transport amenities, and located only 6 kilometres from Bunbury CBD.
+ Net Income: $244,007 pa + GST.
For Sale by Expressions of Interest
Closing 3pm (AEST) Wednesday 10 April 2024
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Property ID: 504531308Last Updated: 6 Jun 2024
1/18 Portobello Road
Dalyellup, WA 6230
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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