610 Albany Highway,
Victoria Park, WA 6100
Shops & Retail
Key property information
Floor area
Tenure type
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Map of 610 Albany Highway
Leased Investment in the Heart of the Park!
- Opposite the Victoria Park Hotel
- Long term established tenant
- Room for rental growth!
Small green title blocks on Albany highway such as this are rare and provide an affordable entry into a highly sought after retail location. 610 Albany highway enjoys a shop front metres from busy Albany highway and is opposite the Victoria Park hotel providing maximum exposure to potential patrons.
The existing tenant "Elie's Tent" have occupied the property for some 20 years and have a lease until July 2023. The current rental is approximately $46k p.a. Plus GST plus outgoings. The existing lease provides certainty for investors however an opportunity to take advantage of greater rental returns will be possible upon lease expiration. Alternatively the property presents a future owner occupier with a "Restaurant Ready" opportunity.
In any event the future purchaser will be setting themselves up for a solid long term investment in a locality that has enjoyed good consistent growth. Please Contact Cameron Porter or Bruce Porter on (08) 9470 97...ss="phoneNumber" data-text="9470 9700" data-dial="94709700"> for further information.
The existing tenant "Elie's Tent" have occupied the property for some 20 years and have a lease until July 2023. The current rental is approximately $46k p.a. Plus GST plus outgoings. The existing lease provides certainty for investors however an opportunity to take advantage of greater rental returns will be possible upon lease expiration. Alternatively the property presents a future owner occupier with a "Restaurant Ready" opportunity.
In any event the future purchaser will be setting themselves up for a solid long term investment in a locality that has enjoyed good consistent growth. Please Contact Cameron Porter or Bruce Porter on (08) 9470 97...ss="phoneNumber" data-text="9470 9700" data-dial="94709700"> for further information.
Victoria Park, 6100 demographic data
The median household income for Victoria Park is $1,828, 2% lower than Greater Perth's household income of $1,865. Victoria Park 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 Victoria Park have a mortgage.
9,334
Population
$1,828 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
610 Albany Highway
Victoria Park, WA 6100
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