3 Morwell Street,
Yanchep, WA 6035
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Map of 3 Morwell Street
Long Term Lease - Caltex
- Caltex lease expiry 2031
- 2,605 sqm corner site
- Fast growing catchment
Colliers International is pleased to present to the market, 3 Morwell Street, Yanchep.
The service station is in a high profile location at the entry to the Yanchep / Two Rocks area. Other developments nearby include, a new McDonald’s restaurant and Yanchep Central which is a Woolworths anchored shopping centre.
Yanchep was the fastest growing area in Western Australia in 2015-2016 and is expected to continue to enjoy strong population growth.
Key Features:
• Lease expires 2031
• Strong volume throughput
• Base rent $350,097 paid every six months in advance
• Minimum fixed rent reviews of 3% per annum
• Turnover rent circa $40,000 per annum FY 17/18
• Over 50 metres of frontage to Marmion Avenue
For Sale by Offers to Purchase campaign closing Thursday 18 October 2018 at 2pm (AWST).
The service station is in a high profile location at the entry to the Yanchep / Two Rocks area. Other developments nearby include, a new McDonald’s restaurant and Yanchep Central which is a Woolworths anchored shopping centre.
Yanchep was the fastest growing area in Western Australia in 2015-2016 and is expected to continue to enjoy strong population growth.
Key Features:
• Lease expires 2031
• Strong volume throughput
• Base rent $350,097 paid every six months in advance
• Minimum fixed rent reviews of 3% per annum
• Turnover rent circa $40,000 per annum FY 17/18
• Over 50 metres of frontage to Marmion Avenue
For Sale by Offers to Purchase campaign closing Thursday 18 October 2018 at 2pm (AWST).
Property ID: 502959086Last Updated: 1 Feb 2021
3 Morwell Street
Yanchep, WA 6035
Cygnet WestLevel 26, 197 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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