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3/73 Mandurah Terrace Mandurah, WA 6210

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3/73 Mandurah Terrace,
Mandurah, WA 6210

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Map of 3/73 Mandurah Terrace

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BIG 9% COMMERCIAL RETURN

Located between Tod's Cafe and the Mandurah Visitors Centre, this is one of the high profile tourist locations on the famous Mandurah Foreshore Boardwalk.

Held on a leasehold basis from the Crown the property enjoys enormous passing foot traffic as well as a very highly visible road frontage.

Leased from the State Government the Crown Lease expires in 2038 with a further 5 year option, taking it through to 2043.The Crown Lease is offered for sale with a sub tenant in place with a long-term lease expiring in 2026 with a further five-year option. The current return on investment is 8% net and is offered for sale as a 'Going Concern', so no GST involved in the sale.

With the bus from the train station delivering visitors to your front door every day, it's gotta be a great spot for business.

For full details contact Frank Lawrence direct on 0412 903 3... or call into H&N Perry's waterfront office in Mandurah Terrace.

Property ID: 503774350Last Updated: 28 Jul 2023

04129033...
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3/73 Mandurah Terrace
Mandurah, WA 6210
H & N Perry - Mandurah
54 Mandurah Terrace
MANDURAH, WA 6210
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