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Retail

309-311 Fitzgerald Street West Perth, WA 6005

Sold on 6 Jun 2018
  • Building: 1,077m²
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Retail in West Perth

9 year WALE - 5.9% passing yield*

  • Building: 1,077m²

Ray White Commercial (WA) is pleased to present 309-311 Fitzgerald Street for sale.

The property is a service station on a 1,077sqm* corner lot offering significant future development opportunities. It is located in the commercial precinct of West Perth, on the corner of Vincent Street, Fitzgerald Street and Eden Street, approximately 2 kilometres west of the Perth GPO.

Property Features:

  • 10 year lease to Puma Energy exp Dec 2026 plus options
  • Future multi-level mixed-use redevelopment potential
  • 1,077sqm* corner lot with 3 street frontages
  • $258,750* pa net income
  • 3.5%* annual increases
  • High profile corner location with 33,460** traffic count

For further information or to arrange an inspection, please contact:
Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

*Approximately
**Main Roads Traffic Digest 2014-2015

Building:

1,077m²

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

309-311 Fitzgerald Street, West Perth, WA 6005