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AGORA Property Group

197-205 Brisbane Street Perth, WA 6000

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197-205 Brisbane Street,
Perth, WA 6000

Shops & Retail

Price information

Sale

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Key property information

Floor area

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Number of Tenants
5 Tenants
Tenants / Type
TBA

Private inspections

to arrange a private inspection.
AGORA Property Group
Con Passaris
Shannon Swarts
Jonathan Kilborn

AGORA Property Group

Level 1, 187 Stirling Highway
NEDLANDS, WA 6009
AGORA Property Group
197-205 Brisbane Street
Perth, WA 6000

Map of 197-205 Brisbane Street

Directions
  • Train stations within 5 km of 197-205 Brisbane Street, Perth, WA 6000Distance
    Perth station1 km
    McIver Station1.2 km
    Claisebrook Station1.4 km
    City West Station1.5 km
    East Perth Station1.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 197-205 Brisbane Street, Perth, WA 6000Distance
    William St After Ruth St349 m
    Brisbane St After Lindsay St399 m
    William St After Lincoln St449 m
    Fitzgerald St After Randell St504 m
    Aberdeen St Francis St Blue CAT558 m
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CORNER THE MARKET

  • Buy 1 or all 5
  • Leased Investment or owner occupiers
  • 4 lots are Leased. 1 lot is vacant
MULTI-LOT SALE: 5 Ground floor Strata lots on the corner of Brisbane Street and Lake Street PERTH WA 6000.

Lots 1, 2 & 3 are currently leased to two restaurants requiring a buyer to buy all 3 lots as a bundle. One tenant is on a monthly lease allowing an Investor to renegotiate a new lease or an owner-occupier to purchase and occupy the restaurant.

The lots feature corner exposure to Brisbane Street and Lake Street with a combined street frontage of approximately 40sqm.

Combined Strata Area: 375sqm
Lot 1 & part lot 2: Leased to 'Phi Yen Vietnamese' on a monthly holdover.
Lot 3 & part lot 2: Leased to "Peasants Paradice" expiring 30 Nov 2025 with 5-year option to renew.
Combined Rent: $116,523.54 pa net + GST
Outgoings: $25,762.00 pa + GST
Price: All Offers Invited - closing 21 March 2024

Lot 4 is currently leased to "Hair Boss" who have operated from the premises since Aug 2012 (11+ years). The current tenure expires on the 19th of August 2027 with a 5-year option to renew. The property features direct street exposure to Lake Street.

Strata Area: 85 sqm
Current Rent: $35,803.21 pa net + GST
Outgoings: $9,221.00 pa + GST
Price: All Offers Invited - closing 21 March 2024

Lot 5 is being sold with vacant possession. This is a fantastic opportunity for an owner-occupier to secure a tenancy in a high-profile location that has good exposure. The property will suit a large variety of operators including but not limited to café, Food, Retail and office (STCA)

Strata Area: 86 sqm
Price: All Offers Invited - closing 21 March 2024

All Strata Lots are zones Local Centre under the City of Vincent Town Planning Scheme No.2

All Strata Lots are being sold by an offers-invited campaign closing on the 21st of March 2024.

Contact Shannon, Jonathan or Con to arrange an inspection or to request a detailed IM Report.

Property ID: 504524620Last Updated: 21 Feb 2024

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