Address available on request,
Joondalup, WA 6027
Shops & Retail
Key property information
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map
153 sqm Commercial Unit located in the busy Candlewood Village Shopping Centre
* $54,760p/a Total Net Returns
* Offers Street and Arcade frontage with maximum volume foot traffic and exposure located opposite IGA and Cellarbrations
* With its physical dimensions, frontage and location in the centre it has the potential to accommodate 3 tenancies or to subdivide
* This unit is currently leased to 2 tenants, a Bakery—for 25 years and a Beautician—for 15 years
* Bakery current Lease—5-year lease (+5+5) with 3 years remaining in initial term
* Beautician current Lease—3-year lease (+3+3) with 2 years remaining in initial term
* Easy to self-manage, Lessor has self-managed this property for over 20 years - there’s now need for external management expenses, maximizes net return.
* Current net annual income of $54,760 between them, increasing yearly with annual rent reviews
* Other tenancies include Medical Centre, Dental Surgery, Chemist, Newsagent, Real Estate, Restaurant, Hair Salon and Café
* Inspections are strictly be appointment - Contact agent for more information and to arrange a viewing on this Candlewood Boulevard property.
* Offers Street and Arcade frontage with maximum volume foot traffic and exposure located opposite IGA and Cellarbrations
* With its physical dimensions, frontage and location in the centre it has the potential to accommodate 3 tenancies or to subdivide
* This unit is currently leased to 2 tenants, a Bakery—for 25 years and a Beautician—for 15 years
* Bakery current Lease—5-year lease (+5+5) with 3 years remaining in initial term
* Beautician current Lease—3-year lease (+3+3) with 2 years remaining in initial term
* Easy to self-manage, Lessor has self-managed this property for over 20 years - there’s now need for external management expenses, maximizes net return.
* Current net annual income of $54,760 between them, increasing yearly with annual rent reviews
* Other tenancies include Medical Centre, Dental Surgery, Chemist, Newsagent, Real Estate, Restaurant, Hair Salon and Café
* Inspections are strictly be appointment - Contact agent for more information and to arrange a viewing on this Candlewood Boulevard property.
Joondalup, 6027 demographic data
The median household income for Joondalup is $1,688, 9% lower than Greater Perth's household income of $1,865. Joondalup has an older age profile compared to the rest of Greater Perth (median age 39 vs 37). Property ownership data shows 57% of property owners in Joondalup have a mortgage.
9,193
Population
$1,688 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Ayers Real Estate - Wangara
2/39 Innovation CircuitWANGARA, WA 6065
Address available on request
Joondalup, WA 6027
Ayers Real Estate - Wangara2/39 Innovation Circuit
WANGARA, WA 6065
WANGARA, WA 6065
