5/9 Merino Entrance,
Cockburn Central, WA 6164

Warehouse, Factory & Industrial • Shops & Retail

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Map of 5/9 Merino Entrance

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Affordable Leased Investment

Strategic Location
Good Yield
Stable Tenant Profile

Ray White Commercial (WA)'s Enrique Reyes presents an opportunity to purchase an attractive leased investment option in Cockburn Central.

The property is part of a strata complex located on the corner of Baling Street and Merino Entrance in Cockburn Central. It part of the mixed business zoned area with a variety of commercial/industrial businesses around which is an excellent market catchment for the Lunch Bar tenant in this property.

Investment Details:
Tenant: MERINO LUNCH BAR
Term: 5 Years
Options: 2 Further terms of 5 Years each
Commencement: 2 Dec 2014
Rent: $36,000 per annum ($3,000 pcm) + Variable Outgoings + GST
Yield: 6.92%

For more information please contact:
ENRIQUE REYES
M: 0421 888 688
E: enrique.reyes@raywhite.com

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

Renters

Most residents

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Most households