A THRIVING NEIGHBOURHOOD SHOPPING CENTRE

Shops 1-6, 240 Main Street, Osborne Park

The acquisition of this property will provide a purchaser the ideal investment of a leased, high profile inner city suburban retail centre showing a good rate of return.

The astute investor will also recognise that there is ample opportunity to deliver a higher rental yield from this property by increasing the rental of the individual shops upon market reviews as it is our considered opinion the property is currently under rented.

LEGAL DESCRIPTION
Lot 14 Diagram 62435 on Certificate of Title Volume 1612 Folio 2

ZONING
City of Stirling, Zoned Business

LOCATION

The subject property is located on the corner of Main Street and Eldorado Street in Osborne Park situated on the high side of Main Street with excellent street front exposure with other complimentary shops and offices located adjacent and opposite.

PROPERTY DETAILS

The property has an approximate Net Lettable Area of 696m2 on a total land area of 1,805m2. Currently the property comprises six retail shops with areas of between 115m2-118m2.

Each shop has its own glass front entry, self-contained amenities and rear access via Holub Lane. Fit outs vary from tenancy to tenancy.

A copy of the full Information Memorandum including the tenancy schedule and variable outgoings budget is available on request.

DISCLAIMER: The information set out in this brochure and all other information we provide to you, whether in writing or orally, has been obtained by Ron Farris Real Estate Pty Ltd from others and is passed on for what it is worth. Ron Farris Real Estate Pty Ltd does not accept responsibility for the information provided or for its accuracy, completeness or reliability. It is not intended to form a part of any contract that you may enter concerning the property referred to in this brochure or any other property. We do not guarantee, or make any representation, or offer any opinion, either express or implied, as to the accuracy or completeness of the information we provide to you or any matter recorded in this document or any other information we provide to you. The contents of this brochure and any other information provided should not be relied on by you as it is provided provisionally subject to the disclosures made in this brochure. You should make your own enquiries, inspections and searches and if needs be secure your own professional advice before making any decisions. All areas and dimensions are subject to final survey. Availability and prices are subject to change without prior notice. No person in the employ of Ron Farris Real Estate Pty Ltd is authorised to make any representation or offer any promise or guarantee concerning any property transaction or other matter.