5/79 Colin Street, West Perth

    From $650,000 no GST

    Street Front Retail/Cafe in the Heart of West Perth Business District
    • Property Type:
    Offering fantastic investment returns perfect for SMSF.
    Current Net Return 6.6%
    Tenure Type - fully leased
    Floor area - 65sqm

    Well located retail space with good passing trade as well as regular clientele with its current use being a cafe only 30 metres from Hay Street intersection.

    Property Features:
    * 65sqm
    * Perth City Council "alfresco license" and "food medium risk license" in place
    * Busy location in central West Perth

    Lease Details:
    * Current tenant: Dolce and Salato (cafe/lunch)
    * Income: $44,617.50 as at 10/10/2016
    * 5 year lease in place with options
    * Outgoings paid by tenant

    For more details call
    Mark Smith 0417 986 589 or email mark@bexleys.com.au