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19 Welwyn Avenue Manning, WA 6152

Sold for $2,250,000 on 26 Mar 2025
  • Building: 202m²
  • Land: 160m²
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Retail in Manning

Leased retail investment anchored by ASX listed giant

  • Building: 202m²
  • Land: 160m²

RWC WA are pleased to present for Auction 19 Welwyn Avenue, Manning a BWS liquor store anchored on a recently renewed 5-year term.

Situated within the Manning neighbourhood shopping centre and directly adjoining the Manning Library, the area comprises a hub of convenient amenities which are sought after by the surrounding residential catchment.

Property features:

  • Renewed 5-year option
  • Four further options of 5 years
  • Total building area 202m²*
  • High exposure to Welwyn Avenue
  • Current net income of $132,048.99 per annum
  • All outgoings except property management paid
  • Annual reviews to CPI (capped at 3.50%)
  • Well established local High Street retail strip

For Sale via a Public Auction taking place Wed 26 Mar 2025 at 11am AWST on-site.

All bidders are required to register for the auction in order to bid. Please register via the following link:
https://auctionslive.com/app/bidder-registration/ROEZB

For further information and to arrange inspection please contact:

Brett Wilkins
0478 611 168
brett.wilkins@raywhite.com

*Approx

Building:

202m²

Land:

160m² / 0.04 acres

Zone:

Office/Residential

Tenancy:

Tenanted

Share:

Investment Information

Tenancy Status:

Fully Tenanted

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

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

* 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

19 Welwyn Avenue, Manning, WA 6152