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Burgess Rawson  - Perth

4 Progress Street Morley, WA 6062

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4 Progress Street,
Morley, WA 6062

Shops & Retail

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Map of 4 Progress Street

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Outstanding Retail Leased Investment

  • Entire Strata Complex
+ 4 Retail tenants across 5 strata lots
+ Approximately $178,014pa net rent
+ Between Galleria Shopping Centre and Coventry Village Markets
+ Future redevelopment potential

Features
+ Morley City Centre
+ Zoned Centre – Central Core Precinct
+ Highly sought after Food and Beverage Precinct
+ Adjacent to Galleria Shopping Centre
+ Opposite Coventry Village Markets
+ 697sqm Land holding

Tenancy Details

Lots 1 & 2: 146sqm
Phong Dinh Vietnamese Cuisine
Current Rent $68,236pa + Outgoings + GST
Lease Expiry 30/6/2025
CPI Rent reviews

Lot 3: 73sqm
Café Mullberries
Current Rent $33,796pa + Outgoings + GST
Lease Expiry 6/4/2025 + 5 Year Option
CPI Rent Reviews

Lot 4: 73sqm
K.I Persian & Middle Eastern Grocery
Current Rent $33,141pa + Outgoings + GST
Lease Expiry 30/6/2025 + 5 Year Option
CPI Rent reviews

Lot 8: 101sqm
Sakanaya Takumi Japanese Restaurant
Current Rent $42,840pa + Outgoings + GST
Lease Expiry 30/9/2028 + 5 Year Option
CPI Rent reviews

For further information please contact the Exclusive Selling Agent.

Property ID: 504591008Last Updated: 1 Oct 2024

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
04059291...
Burgess Rawson  - Perth
4 Progress Street
Morley, WA 6062
Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000

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