Kardinya Park Shopping Centre, Kardinya
$200,000 operating cost savings
NORTHBRIDGE INVESTMENT/DEVELOPMENT
A prime green titled land holding, presenting a rare opportunity to acquire both a highly sought retail asset and a high density development site, whilst receiving income through to 30 June 2022.
•Leased to Sorrento Restaurant
•Passing rent: $80,000
•1.25 year WALE
*approximately
Sale Analysis | |
Sale Price: | $1,850,000 |
Sale Date: | March 2021 |
NLA Area: | 275sqm* |
Land Area: | 304sqm* |
Yield: | Passing: 4.4 % |
Price/Land sqm: | $6,085/sqm |
Price/NLA: | $6,727/sqm |
Vendor: | Torre Family |
Purchaser: | Perth Private Investor |
Sales Process: | Expression of Interest campaign with 76 enquiries and 7 offers |
$200,000 operating cost savings
West Perth character