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127 Moolanda Boulevard Kingsley, WA 6026

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For Sale

127 Moolanda Boulevard Kingsley, WA 6026

Shop & Retail • Offices
Sale Price

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Land area

1717.0m²

Floor area

56.0 - 72.0m²

Car spaces

44

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$149,745
Number of Tenants
5 Tenants
Tenants / Type
Medical/Retail/Office

Extremely rare Opportunity to Purchase Entire Complex

This modern strata titled Shopping Centre comprises of 6 Strata units currently Leased to a Physiotherapist, Kip McGrath Tutoring, Fish and Chip shop, Hairdresser and Café.

Location

The Moolanda Village Shopping Centre is located on Moolanda Boulevard which links Hepburn Avenue with Whitfords Avenue through the suburb of Kingsley.

Zoning

The City of Joondalup advises that the property is zoned ‘Commercial’.

Lot 1 & 2 - 244sqm*

- Tenant: Empower Physio

- Rent: $69,315 pa + GST

- Commencement: 1 July 2013

- Lease Expiry: 30 June 2020

- Option Period: 3 or 7 years

- Rent Reviews: CPI

Lot 3 - 72sqm*

- Tenant: Kip McGrath Tutoring

- Rent: $20,684 pa + GST

- Lease Commencement: 15 March 2017

- Lease Expiry: 14 March 2020

- Option Period: 3 years

- Rent Reviews: To the greater of CPI or market

Lot 4 - 72sqm*

- Tenant: Moolanda Fish and Chips

- Rent: $25,404 pa + GST

- Lease Commencement: 1 July 2017

- Lease Expiry: 30 June 2022

- Option Period: 5 years

- Rent Reviews: CPI + market review at option

Lot 5 - 56sqm*

- Tenant: The Tube Coffee Shop

- Rent: $15,715 pa + GST

- Lease Commencement: 1 July 2016

- Lease Expiry: 30 June 2019

- Option Period: 3 years

- Rent Reviews: Annual CPI rent reviews

Lot 6 - 58sqm*

- Tenant: Hair Collaborative

- Rent: $18,627 pa + GST

- Lease Commencement: 12 Sep 2016

- Lease Expiry: 11 Sep 2019

- Option Period: 2 x 3 year options

- Rent Reviews: Annual CPI rent reviews

For or further information or to arrange an inspection, please contact the Agent.

* Approx

Property ID: 503007362Last Updated: 17 Feb 2019

0405 *** ***
127 Moolanda Boulevard
Kingsley, WA 6026

Agency contacts

Burgess Rawson  - Perth

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Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
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Email enquiry

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Ben Flanagan
Burgess Rawson - Perth
127 Moolanda Boulevard Kingsley, WA 6026

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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