335 Albany Highway, Victoria Park, Western Australia

PRIME RETAIL | 6.7% PASSING YIELD | 5.17 YEAR WALE

Corner site in the heart of Victoria Parks vibrant food retail precinct and opposite the Broken Hill Hotel and a range of cafes and restaurants.

With a healthy passing income and extended average lease expiry, the building also featured vacant area, providing opportunity to increase the income and add value.
Anchored by high quality tenants, such as Crust Pizza, TAB and Red Basil Thai, the property provides a desirable balance between secure ongoing income and blue sky potential.

Features include:

• $215,404.52pa (approx.) net passing income
• 5.17 year WALE (based on income)
• 595sqm* of lettable, consisting of 407sqm* of retail and 184sqm* of office
• 554sqm* of land
• Corner position with heaps of exposure
• 15m (approx.) frontage to Albany Highway and 35m (approx.) frontage to King George Street
• Upstairs office vacant, well positioned for a conversion to residential
• Ongoing parking available directly behind in public carpark

*Approximately