Unit 3 & 4, 16 Minilya Ave,
White Gum Valley, WA 6162

Shops & Retail • Other

Price information

Sold

$940,000

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

Municipality

Tenure type

Sold on

Return

Map of Unit 3 & 4, 16 Minilya Ave

Directions

Leased Investment - Established Local Cafe

7%* Passing Yield
New Leases Commenced 20th June 2016
5 Plus 5 Plus 5 Year Tems

David Lightfoot is pleased to present to the market this outstanding opportunity being Lots 6 & 7, 16 Minilya Ave, White Gum Valley.

This established neighborhood property is well located to service the surrounding residential areas with tenant/operator Café Lumos being a local favorite since 2010*.

Key features of the property include:

• Lots 6 & 7 leased to Café Lumos
• 7%* Passing Yield
• New leases commenced 20th June 2016
• 5 year initial term
• 2 options of 5 years each
• 3% fixed annual reviews
• Market Rent reviews 2022 and 2027

This property offers astute investors long leases and an established tenant in a local café setting well frequented by residents from surrounding areas.

For further information please contact the exclusive selling agent David Lightfoot on 0499 888 1....

*Approx

Property ID: 502049290Last Updated: 24 Oct 2016

04998881...

Unit 3 & 4, 16 Minilya Ave

White Gum Valley, WA 6162

04998881...

Lightfoot Property - -

128B George Street
EAST FREMANTLE, WA 6158

David Lightfoot
04998881...

Sending email...

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.