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Retail in Perth
Secure Long Term Investment
- Building: 350m²
Ray White Commercial (WA) is pleased to exclusively present for sale Courtside Restaurant - Lot 2, 112 Mounts Bay Road, Perth.
The property is located in Nesuto Mounts Bay Apartment Hotel, part of Mounts Bay Village, a mixed residential/commercial development of almost 500 strata units across 9 buildings consisting of short-term and long-term apartments, offices and a restaurant (subject property). Close to the Perth Convention Centre, CBD and foot of Kings Park the properties represent an excellent location for a stable investment for years to come.
Property details:
Lot 2/112 Mounts Bay Road, Perth comprises of a 350sqm (gross) restaurant with alfresco and internal terrace with 3 allocated parking bays.
Tenant details:
- Leased to Nesuto Australia Pty Ltd, an Australian Subsidiary of Daiwa Living
- Leased until 2028 with a further 10 year option
- Rent of $68,655 per annum + Outgoings (March 2023)
For further information or to arrange an inspection, please contact:
Lachlan Burrows
Ray White Commercial (WA)
M: 0499 552 296
E: lachlan.burrows@raywhite.com
Tom Jones
Ray White Commercial (WA)
M: 0478 771 117
E: tom.jones@raywhite.com
*approximately
350m²
Tenanted
Retail, Hotel/Leisure
Investment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
