196 Walter Road West,
Morley, WA 6062
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Map of 196 Walter Road West
Rock Solid Commercial Investment Opportunity
Rock Solid National tenant with 10 year lease plus 20 year options. Enormous land area of over 2000 square metres. High exposure adjacent to one of the states premier shopping centres; Galleria MorleyPerfect Blue Chip investment with extra blue sky potential in the future.
Price - $1,750,000
Tenant - Fasta Pasta
Tenancy - 10 years Commencing 1 March 2003
Land - Lot 16, V 1479 F 814
Size = 2026 square metres
NLA - Area = 340 square metres (subject to confirmation)
Balance of area available for parking
Current Rent - $111,360.17 per annum incl GST
Rent Review - Due 1st March 2010 at latest CPI Rate (approx 2%) due annually
Market Review - 1st March 2013, 2018, 2023, 2028 & 2033
Option - 4 x 5 year periods
Outgoings - Lessee to pay all outgoings (not including management fees)
GST - The property is sold as a Going Concern
Price - $1,750,000
Tenant - Fasta Pasta
Tenancy - 10 years Commencing 1 March 2003
Land - Lot 16, V 1479 F 814
Size = 2026 square metres
NLA - Area = 340 square metres (subject to confirmation)
Balance of area available for parking
Current Rent - $111,360.17 per annum incl GST
Rent Review - Due 1st March 2010 at latest CPI Rate (approx 2%) due annually
Market Review - 1st March 2013, 2018, 2023, 2028 & 2033
Option - 4 x 5 year periods
Outgoings - Lessee to pay all outgoings (not including management fees)
GST - The property is sold as a Going Concern
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Property ID: 5638667Last Updated: 31 Aug 2015
04189537...
196 Walter Road West
Morley, WA 6062
Mark Hay - East Perth28/118 Royal Street
EAST PERTH, WA 6004
EAST PERTH, WA 6004
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Morley Commercial Centre, 7/222 - 230 Walter Road West,Morley, WA 6062 95 m²Offices • Shops & Retail