5/70 Norma Road,
Booragoon, WA 6154
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Map of 5/70 Norma Road
Chicko Roll and a Choc Milk Thanks...
Salt Property Group are pleased to present to market, the freehold, fully leased Myaree Lunch Bar.
Vacancy risk is something every commercial property investor will to consider.
Consider this then, this property has been tenanted every day since it was first built in 1993.
If you are familiar with Myaree, you will be familiar with this very popular and highly visible lunch bar.
Returning plus 5% net (on price guide) and with annual 5% fixed increases, this little money maker would sit comfortably in anyone's portfolio.
Leased until 31 October 2026 with a further 5 year option.
• Retail shop front with great exposure
• Good size kitchen
• Rear storage/warehouse area
• Walk-in cold room
• Location, access and parking advantages
• Multitude of uses subject to council approval
• Plenty of parking
Very rarely does a safehouse investment like this present itself.
Contact Glen O'Brien on 0418 923 1... to arrange a viewing or for further information
Vacancy risk is something every commercial property investor will to consider.
Consider this then, this property has been tenanted every day since it was first built in 1993.
If you are familiar with Myaree, you will be familiar with this very popular and highly visible lunch bar.
Returning plus 5% net (on price guide) and with annual 5% fixed increases, this little money maker would sit comfortably in anyone's portfolio.
Leased until 31 October 2026 with a further 5 year option.
• Retail shop front with great exposure
• Good size kitchen
• Rear storage/warehouse area
• Walk-in cold room
• Location, access and parking advantages
• Multitude of uses subject to council approval
• Plenty of parking
Very rarely does a safehouse investment like this present itself.
Contact Glen O'Brien on 0418 923 1... to arrange a viewing or for further information
Booragoon, 6154 demographic data
The median household income for Booragoon is $1,991, 7% higher than Greater Perth's household income of $1,865. Booragoon has an older age profile compared to the rest of Greater Perth (median age 43 vs 37). Property ownership data shows 40% of property owners in Booragoon have a mortgage.
5,684
Population
$1,991 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
04189231...
5/70 Norma Road
Booragoon, WA 6154
Salt Property Group - Applecross757 Canning Highway
APPLECROSS, WA 6153
APPLECROSS, WA 6153
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