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4/20 Signal Terrace Cockburn Central, WA 6164

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4/20 Signal Terrace,
Cockburn Central, WA 6164

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Boutique Retail Leased Investment

  • Leased to October 2024 + Option to 2039
  • Leased to Kawa Sushi Train
  • Net Income $42,320.79 + Outgoings + GST
Burgess Rawson are pleased to present to the market for sale this boutique retail leased investment. The property comprises of 140sqm* ground floor restaurant leased to Kawa Sushi Train until October 2024 plus a further 3 options until October 2039.

The net income is $42,320.79 plus GST with CPI Plus Rent Reviews at the end of each option. The property comes with 5 exclusive car bays, allocated storeroom as well as communal restroom facilities. The property offers a modern restaurant fit out catering for a Sushi Train style dining. Walking distance to the Cockburn Train Station.

Features
- Leased to Kawa Sushi Train until October 2024 plus options to 2039
- Net income of $42,320.79pa + GST
- Current Yield 7.11% pa
- 140sqm* with 5 car bays and storeroom
- Boutique Leased Investment
- Well located off the Cockburn Central Train Station
- Ideal for Superfund

Total Area:
140sqm*

Car Bays:
5 exclusive car bays

Statutory Outgoings:
Strata Levies: $1,688.75 per quarter
Water rates: $1,080.00pa
Council Rates: $5,260.00pa

Land Details:
Lot 134 on Strata Plan 63457 Volume 2810 Folio 434

GST:
The property will be sold as a Going Concern

for further details, please contact the exclusive leasing agent Chris Tonich

* Approx

Property ID: 503412338Last Updated: 27 Feb 2020

04117741...
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4/20 Signal Terrace
Cockburn Central, WA 6164
Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000
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