111 - 113 Flora Terrace,
North Beach, WA 6020

- Fully leased coastal shops
- Income $152,911.20 pa
- Improvements 307sqm
- Land area 668sqm
- Rear access
- Three established food based tenancies
- Large alfresco areas
- Wide 26.5m frontage
- Future development potential
- Very busy neighbourhood precinct

113 Flora Terrace is an established, well located property comprising three tenancies having the following approximate areas:
GLAR TCOA   W
Shop 1 168sqm 65sqm 25sqm
Shop 2 70sqm 48sqm 17sqm
Shop 3 69sqm 47sqm 16sqm
Total 307sqm 160sqm 58sqm

Improvements
The property is constructed predominantly of brick walls and a near new colourbond roof. All tenancies have an
alfresco area constructed of metal and colourbond located at the front of the property. Tenancy 1 comprises a cafe/
bakery with a kitchen and toilet facilities at the rear and has access to a rear yard area. Tenancy 2 comprises a
restaurant/bar and seating area with a kitchen at the rear. Tenancy 2 has male, female and staff toilet facilities and
a coolroom. Tenancy 3 comprises a take away food outlet and one outside toilet. All tenancies have access to a
common grease trap.
There is no on site parking.

Title Details
The freehold property is located in the Local Government Area of the City of Stirling. The legal title for the subject
property can be described as follows:
Lot 6 on Diagram 27304 Certificate of Title Volume 2165 Folio 818.
The property benefits from an Easement allowing access to the rear of the property.

Site Area
Frontage to Flora Terrace 26.51 metres
Depth 25.15 metres
Total Land Area 668 m²

Zoning
Thr Property is zoned ' Local Centre & Special Control Area' under the City of Stirling Local Planning Scheme No. 3.
The property is zoned ‘Urban’ under the Metropolitan Region Scheme.
The City of Stirling is currently reviewing the Flora Terrace Local Centre and workshopping ideas from stakeholders for
the future short and long term upgrades and redevelopment of the area.

Services
All services are connected to the site including water, sewerage, drainage, electricity and telephone.

Asking Price
Offers Invited

Goods and Services Tax
The sellers are registered for GST and the property will be sold as a ‘Going Concern’.

For further information please contact the exclusive selling agent, Rob Selid.

*Approx
GLAR - Gross Lettable Area Retail
TCOA - Total Covered Outdoor Area
W - Walkway