Grill’d, 54/38 Subiaco Square Road,
Subiaco, WA 6008
Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Grill’d, 54/38 Subiaco Square Road
Subiaco, WA 6008
Map of Grill’d, 54/38 Subiaco Square Road
Rare Affordable Metro Perth Fast Food Investment Opportunity
- Prime site next to Subiaco Station
- Tenant pays all outs incl land tax
- Fixed 4% rent increase annually
Burgess Rawson is pleased to offer to the market the leased investment Grill'd restaurant at Subiaco Square Road, Subiaco (Perth), WA for sale via our Investment Portfolio 169.
The property has the following investment highlights:
+ Brand new five (5) year Grill'd head office lease to October 2028 plus options to 2038
+ Strong and certain rental growth with fixed 4% rent increases annually
+ Investor preferred net lease terms with Grill’d paying all usual outgoings including land tax
+ Strategic inner-metro location, situated next to Subiaco Train Station, with 14,384 travellers passing daily and the main thorough fare through to Rokeby Road
+ Grill’d: Established in 2004 and successfully operating for 20 years with 170+ stores and 4400+ employees nationwide (1)
+ State-of-the-art restaurant fitted out to Grill’d latest corporate design and layout
+ High-profile 232sqm* corner restaurant with substantial 58m* combined frontage and exposure (2)
+ Situated within close proximity to Subi Square and Marketland Subi Shopping Centres anchored by Woolworths, Coles, BWS, Target and Subway
+ Subiaco: Affluent inner-metro Perth suburb, with a median house price of $1,620,000 (3)
+ Western Australia experienced the highest growth in housing prices nationally in the last 12 months, registering a 16.32% increase (4)
+ Net Income: $103,626 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am AEST Wednesday 26 June 2024
Crown Casino, Melbourne
*Approximately
1 – Grill’d
2 – Gapmaps
3 – Realestate.com.au
4- PropTrack Home Price Index
The property has the following investment highlights:
+ Brand new five (5) year Grill'd head office lease to October 2028 plus options to 2038
+ Strong and certain rental growth with fixed 4% rent increases annually
+ Investor preferred net lease terms with Grill’d paying all usual outgoings including land tax
+ Strategic inner-metro location, situated next to Subiaco Train Station, with 14,384 travellers passing daily and the main thorough fare through to Rokeby Road
+ Grill’d: Established in 2004 and successfully operating for 20 years with 170+ stores and 4400+ employees nationwide (1)
+ State-of-the-art restaurant fitted out to Grill’d latest corporate design and layout
+ High-profile 232sqm* corner restaurant with substantial 58m* combined frontage and exposure (2)
+ Situated within close proximity to Subi Square and Marketland Subi Shopping Centres anchored by Woolworths, Coles, BWS, Target and Subway
+ Subiaco: Affluent inner-metro Perth suburb, with a median house price of $1,620,000 (3)
+ Western Australia experienced the highest growth in housing prices nationally in the last 12 months, registering a 16.32% increase (4)
+ Net Income: $103,626 pa* + GST
To be sold by Investment Portfolio Auction (unless sold prior):
10:30am AEST Wednesday 26 June 2024
Crown Casino, Melbourne
*Approximately
1 – Grill’d
2 – Gapmaps
3 – Realestate.com.au
4- PropTrack Home Price Index
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Property ID: 504601988Last Updated: 19 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - Perth Level 10, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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