5/16 Minilya Ave,
White Gum Valley, WA 6162

Shops & Retail • Offices

Key property information

Land area

Floor area

Car spaces

Tenure type

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Map of 5/16 Minilya Ave

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LEASED THEN SOLD BY David Lightfoot

New 3 Plus 3 Year Lease^
Hairdresser and Beautician Use
Popular Cafe Lumos Next Door

Situated in the heart of White Gum Valley next to the popular Cafe Lumos, this flexible and tightly held space has a new 3 plus 3 year lease and is now available for sale as a Leased Investment to Property Investors and SMSF offering an initial Passing Yield of 6.73% pa*.

Key Property Features;
- 140 sqm* strata area
- 96 sqm* floor area
- 3 unique floor areas
- 2 front door entrances
- Kitchenette and toilet facilities
- 1 allocated car bay and street parking available
- Central White Gum Valley location situated next door to the popular Cafe Lumos

Key Lease Details;
- 3 yr initial plus 3 yr option retail lease
- 23/04/2018 commencement date
- $26,600 pa net rent plus GST & VO
- $3,691 estimated VO plus GST
- 3% fixed annual increases
- Hair Dresser/Beautician Use

Please call for full details and to arrange an inspection.

*Approximate
Note: fitout shown may vary after tenant's fitout is completed

White Gum Valley, 6162 demographic data

The median household income for White Gum Valley is $1,891, 1% higher than Greater Perth's household income of $1,865. White Gum Valley has an older age profile compared to the rest of Greater Perth (median age 41 vs 37). Property ownership data shows 55% of property owners in White Gum Valley have a mortgage.

3,358

Population

$1,891 per week

Median household income

41 years

Median age

Owners

Most residents

Families

Most households