C8/83 Walcott Street,
Mount Lawley, WA 6050
Shops & Retail
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map of C8/83 Walcott Street
[SOLD] Ideal Leased Retail Investment In the Heart of Mount Lawley - Return above 7%
- Leased Retail Investment Above 7%
- Located in the Heart of Mount Lawley
- Modern Development
THIS PROPERTY HAS BEEN SOLD.
This is an absolute gem of an investment opportunity. Located on Walcott Street - very close to the main Mount Lawley intersection off Beaufort Street this property is in the heart of the Mount Lawley retail hub.
Ground floor, street facing unit in a popular modern development close to Fresh Provisions, Dome Cafe and the Astor Theatre.
Sold as a going concern with a proven and reliable hair and beauty tenancy on a yield of approximately 7.16%. Lease expiry 30 June 2020 with further lease options available to the tenant.
The tenancy has 1 off title exclusive use car bay.
Estimated Variable Outgoings 2019/20
Shire rates $3,822
Water rates $1,447
Strata Levies $2,836
Sale Price $680,000 - no GST if sold as a going concern.
Perth Commercial Property welcome your enquiry.
This is an absolute gem of an investment opportunity. Located on Walcott Street - very close to the main Mount Lawley intersection off Beaufort Street this property is in the heart of the Mount Lawley retail hub.
Ground floor, street facing unit in a popular modern development close to Fresh Provisions, Dome Cafe and the Astor Theatre.
Sold as a going concern with a proven and reliable hair and beauty tenancy on a yield of approximately 7.16%. Lease expiry 30 June 2020 with further lease options available to the tenant.
The tenancy has 1 off title exclusive use car bay.
Estimated Variable Outgoings 2019/20
Shire rates $3,822
Water rates $1,447
Strata Levies $2,836
Sale Price $680,000 - no GST if sold as a going concern.
Perth Commercial Property welcome your enquiry.
Additional information
External websites
Mount Lawley, 6050 demographic data
The median household income for Mount Lawley is $2,108, 13% higher than Greater Perth's household income of $1,865. Mount Lawley has an older age profile compared to the rest of Greater Perth (median age 38 vs 37). Property ownership data shows 51% of property owners in Mount Lawley have a mortgage.
11,328
Population
$2,108 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households
0427 182 2...
C8/83 Walcott Street
Mount Lawley, WA 6050
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34/159 Walcott Street,Mount Lawley, WA 6050 71 m²Shops & Retail • Medical & Consulting • Other