Shop 1/225 Illawarra Crescent,
Ballajura, WA 6066

THIS IS A GENUINE OPPORTUNITY TO PURCHASE A MODERN FULLY LEASED BLUE CHIP INVESTMENT IN THE GROWING NORTHERN PERTH METROPOLITAN AREA.
THE PROPERTY IS LOCATED IN THE BALLAJURA CITY SHOPPING CENTRE 15KM FROM THE PERTH CBD.
THE SHOPPING CENTRE IS THE MAIN CENTRE FOR THE SURROUNDING SUBURBS AND HAS A TOTAL LETTABLE AREA OF 6,920.
THE SUPA IGA IS A LARGE PURPOSE BUILT SUPERMARKET OF 3,042 SQUARE METRES.
THE PROPERTY IS LEASE BY METCASH ON THE SAME LEASE SINCE 1989. METCASH IS AUSTRALIA'S LEADING WHOLESALE DISTRIBUTION AND MARKETING COMPANY SPECIALISING IN GROCERY, FRESH PRODUCE, LIQUOR, HARDWARE, AUTOMOTIVE PARTS AND OTHER FAST MOVING CONSUMER GOODS. METCASH ARE CURRENTLY PLANNING A $280,000 UPGRADE OF THE STORE.
THE CURRENT LEASE TERM IS 7 YEARS COMMENCED 30TH OCTOBER, 2014 WITH 2 X 5 YEAR OPTIONS OF RENEWAL
THE CURRENT RENTAL IS $400,000 NET PER ANNUM WITH EXCELLENT RENT REVIEWS.
THERE IS ZERO GST ON THE SALE OF THE PROPERTY (BEING SOLD AS A GOING CONCERN)
THIS IS A GENUINE OPPORTUNITY TO BUY A STRONGLY LEASED AND SOUGHT AFTER PROPERTY INVESTMENT SHOWING AN INCREASING AND SECURE YIELD COMPARED TO MOST INVESTMENT CATEGORIES.

FOR A FULL INFORMATION MEMORANDUM AND OTHER DETAILS CONTACT;
PHIL FARRIS-0411 333 550 philf@rfre.com.au
ROB FARRIS-0418 956 700 robf@rfre.com.au