4 Progress Street,
Morley, WA 6062
Shops & Retail
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Key property information
Land area
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Map of 4 Progress Street
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.
+ 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 TerracePERTH, WA 6000
04059291...
4 Progress Street
Morley, WA 6062
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
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