highlights
An incredible opportunity to secure a prime seaside investment along South Beach at the cusp of South Fremantle.
With a total floor area of 320sqm*, this ground floor property showcases a well established café offering internal and alfresco dining strategically positioned facing the ocean with direct beach access (with no road in front, which is very rare in WA) and only 60m from the ocean's edge. The property is easily accessible from South Terrace with a parking lot right next to the building complex.
Lease Details:
Current Tenant: QC & BT LTD
Lease Commencement: 16 January 2017
Lease Expiry: 31 January 2027
Options: 2 further terms of 5 years up to 31 January 2037
Annual Rent: $90,000 per annum (net)
Outgoings: $35,000 per annum; Payable by the Tenant (as permitted by the Retail Tenancies Act)
Rent Review: CPI Annually, Market at Option
For further information or to arrange an inspection please contact John Da Luz or Santo Merenda.
