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Ground Floor, 255 Adelaide Terrace Perth, WA 6000

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For Sale - Sale by Negotiation

Ground Floor, 255 Adelaide Terrace Perth, WA 6000

Shop & Retail • Hotel & Leisure
Sale Price

$1,455,000 (G.S.T. Going Concern)

Floor area

190.0m²

Tenure type

Tenanted Investment

CBD Leased Investment 6.2% Passing Yield 4.25 Year W.A.L.E.

Ray White Commercial (WA) are proud to offer for Sale Ground Floor/255 Adelaide Terrace, Perth.

Located two doors from the Duxton Hotel and Perth Concert Hall, only minutes from Elizabeth Quay, St Georges Terrace and a significant office population.

Leased to a long term tenant, with a good trading and payment history, this strata titled, food retail unit offers a rarely available investment opportunity.

Featuring;
- 190sqm* lettable area (129sqm* internal + 61sqm* exclusive alfresco area)
- Income of $92,922pa + Outgoings & G.S.T.
- Established 'Bakers Terrace Lunch Bar & Cafe' in occupation
- Approx. 4.25 years remaining on current term
- Street front positioning
- Modern building

For further information or to arrange an inspection please contact:

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

*approximate

Property ID: 503073802Last Updated: 9 May 2019

0421 *** ***
Ground Floor, 255 Adelaide Terrace
Perth, WA 6000

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Ray White Commercial WA

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Ray White Commercial WA

12-14 The Esplanade
PERTH, WA 6000
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Stephen Harrison
Ray White Commercial WA
Ground Floor, 255 Adelaide Terrace Perth, WA 6000

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

Kind Regards,

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