Exceptional Investment - Price Reduction

Lot 9, 160 St Georges Terrace, Perth, Western Australia 6000

Retail For Sale

For Sale
Land Area: 7.20 m2.    Floor Area: 7.20 m2.    
Sale Price: $450,000.00.

160 Central

Description

Colliers International is pleased to present to the market Lot 9, 160 St Georges Terrace (160 Central) for sale.

Located in the busy 160 Central Arcade, the 7.21sqm strata lot is tenanted by the popular Headspace Coffee. 160 Central links St Georges Terrace to Hay Street, and is a popular lunch and services option for CBD workers.

Similar to a ‘hole in the wall’, this shopfront cafe tenancy is right in the heart of Perth CBD, and is nestled amongst other tenants such as Nando’s, ANZ and City Provisions.

The property currently produces a net income of $27,000 p.a. + outgoings + GST, with a lease expiry in 2022.

The busy pedestrian thoroughfare, simple nature of the property and long lease term make this an exceptional small commercial investment.

Contact Tim Scott today to receive more information or to inspect.

Features

  • 2022 Lease Expiry to Well Known Tenant
  • Busy Mall Frontage
  • Affordable Price Range

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