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139 High Road Willetton, WA 6155

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139 High Road,
Willetton, WA 6155

Showrooms & Large Format Retail

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Sold

$3,900,000

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PRIME CORNER RETAIL INVESTMENT 100% LEASED ON HIGH ROAD

  • High Profile Location
  • 100% LEASED
  • Excellent Parking
Located on the high profile corner of High Road and Augusta Street, Willetton, immediately opposite Bunnings Warehouse, 139 -141 High Road provides investors with an opportunity to acquire one of the best developments in the High Road commercial precinct.
The beneficiaries of this deceased estate have decided to sell after more than 30 years of family ownership.
The site comprises an area of 3,002 sqm and the 7 showroom units have been amalgamated to accommodate 4 tenancies including ANZ BANK, HIGH TIDE SURF,TIMBECON and SPICE BAZAAR.
The total Net Lettable Area is 1,291.8 sqm and the property is 100% LEASED with a current net passing income is approximately $350,000. With a potential 8.5% return this offering presents investors with an excellent return.
The property ticks all the boxes from a location and investment perspective.
Genuine Estate Sale by Offers to Purchase - Negotiable vendor.

Property ID: 500315607Last Updated: 16 Jan 2014

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139 High Road
Willetton, WA 6155

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