2/103 Garling Street,
O'Connor, WA 6163

Shops & Retail

Key property information

Floor area

Tenure type

Sold on

Map of 2/103 Garling Street

Directions

Retail Leased Investment

- 97sqm* retail corner location.
- Lease expiry 2nd September 2017 + three year option.
- Excellent exposure.
- Affordable investment.

Burgess Rawson is pleased to offer for sale by Private Treaty this fully leased prime retail premises within the O'Connor Industrial Precinct. The unit is 97sqm* including amenity facilities and also features excellent business exposure onto Garling Street.

This boutique investment is currently leased at $24,024 + GST which equates to a 5.5% ROI with a CPI increase is scheduled for September 2015 the tenant also a three year option.

Land Details
Lot 2 on Survey Strata Plan 059561 Certificate of Title Volume 2755 Folio 602.

Building Area
97sqm*

Lease Details
Lease Commencement Date 3 September 2014
Expiry 2 September 2017
Current Net Rent $24,024 + GST
Outgoings $4,547.15 + GST
Rent Reviews Annual CPI increases
The is a three year option at the conclusion of the current term

Zoning
The property is zoned 'Industrial Zone' and falls within the City of Fremantle.

Features:
- Excellent exposure
- Alfresco seating
- Leased until September 2017

For further details please contact

Jack Bennett
0431 860 431
jbennett@burgessrawson.com.au

*Approx

O'Connor, 6163 demographic data

The median household income for O'Connor is $1,639, 12% lower than Greater Perth's household income of $1,865. O'Connor has an older age profile compared to the rest of Greater Perth (median age 38 vs 37). Property ownership data shows 56% of property owners in O'Connor have a mortgage.

460

Population

$1,639 per week

Median household income

38 years

Median age

Owners

Most residents

Families

Most households