4/20 Signal Terrace,
Cockburn Central, WA 6164

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Map of 4/20 Signal Terrace

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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

Cockburn Central, 6164 demographic data

The median household income for Cockburn Central is $1,626, 13% lower than Greater Perth's household income of $1,865. Cockburn Central has a younger age profile compared to the rest of Greater Perth (median age 31 vs 37). Property ownership data shows 70% of property owners in Cockburn Central have a mortgage.

1,521

Population

$1,626 per week

Median household income

31 years

Median age

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