5/79 Colin Street,
West Perth, WA 6005

Shops & Retail

Key property information

Land area

Floor area

Tenure type

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Map of 5/79 Colin Street

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Street Front Retail/Cafe in the Heart of West Perth Business District

Offering fantastic investment returns perfect for SMSF.
Current Net Return 6.6%
Tenure Type - fully leased
Floor area - 65sqm

Well located retail space with good passing trade as well as regular clientele with its current use being a cafe only 30 metres from Hay Street intersection.

Property Features:
* 65sqm
* Perth City Council "alfresco license" and "food medium risk license" in place
* Busy location in central West Perth

Lease Details:
* Current tenant: Dolce and Salato (cafe/lunch)
* Income: $44,617.50 as at 10/10/2016
* 5 year lease in place with options
* Outgoings paid by tenant

For more details call
Mark Smith 0417 986 5... or email mark@bexleys.com.au

West Perth, 6005 demographic data

The median household income for West Perth is $1,918, 3% higher than Greater Perth's household income of $1,865. West Perth has a younger age profile compared to the rest of Greater Perth (median age 35 vs 37). Property ownership data shows 54% of property owners in West Perth have a mortgage.

6,102

Population

$1,918 per week

Median household income

35 years

Median age

Renters

Most residents

Singles

Most households