7/420 Bagot Road,
Subiaco, WA 6008

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Map of 7/420 Bagot Road

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RARE RETAIL INVESTMENT OPPORTUNITY

Outstanding WESTGATE development
7% YIELD

Blackburne are excited to offer this fantastic opportunity within the landmark WESTGATE development
- PROVIDING A YIELD OF 7%
- Tenanted Investment
- 61 sqm in prime location at the gateway to Subiaco
- 1 car bay and visitor parking also available
- Bus stop directly in front of Cafe to CBD (approx 10 - 15 minutes)
- 350 meters to Daglish Train St

- Lease Term - 5 years until 28/2/19
- Lease Option - 2x5 year options until 28/1/29
- Reviews - annual 3% increases with market view at end of lease term
- Current Rent - approx $37,100pa + outgoings
- Security Bond - approx $11,300
- Leased as Karibu Cafe

NEEDS TO BE VIEWED TO BE APPRECIATED - CALL NOW

Subiaco, 6008 demographic data

The median household income for Subiaco is $2,219, 19% higher than Greater Perth's household income of $1,865. Subiaco has an older age profile compared to the rest of Greater Perth (median age 40 vs 37). Property ownership data shows 45% of property owners in Subiaco have a mortgage.

9,940

Population

$2,219 per week

Median household income

40 years

Median age

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Most residents

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