185 Walter Road,
Dianella, WA 6059

This Retail/Commercial site is ideally located just west of the busy intersection of Coode Street on the doorstep of the Morley commercial and shopping district with the Galleria Shopping Centre and Coventry Markets less than a kilometre away. With the added bonus of a bus stop directly outside of the premises which is serviced by buses from the Perth CBD, the location of the premises ticks all the boxes.

Improvements
There is a single building area approximately 285m2 with 3 separate shops, each shop with 2 parking bays plus shared parking at the front.

Tenancies
185A - Skin and Ko (Current Lease to Mar 2025 - 5 year option to Mar 2030
185B - Evergreen Florist (Current Lease to Sep 2021 - option for a further 5 years.)
187 - Vacant or pending take away food restaurant (suitable for consulting rooms, office or retail.)

Rent return
Current $45,000 per annum
Fully leased expected rent $67,000

Land area: 380 sqm over 2 lots on a single title.
Zoning: Local Centre

There is potential for redevelopment of the site in the future - for further details please call Listing agent.