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4 Birak Lane View More Images

For Sale | Retail Investment Property Sold

Exceptional Investment in High Traffic Retail Hub

4 Birak Lane
Vasse, Western Australia 6280
Australia
Inquire About This Property
Building Size:
1,991 SQM
Sale Price:
Negotiable
Lot Size:
1,991 SQM

Exceptional Investment in High Traffic Retail Hub


Cushman and Wakefield are pleased to offer 4 Birak Lane, Vasse for sale via Private Treaty.


The property has a passing Net Income of $215,000* per annum, with a Gross Building Area of 1,991*sqm, 9 car bays with Urban Development Under Local Planning Scheme 21 Zoning.


4 Birak Lane, Vasse operated primarily by Chicken Treat, is secured on a 12-year lease term expiring in 2035, with fixed annual 3% rental increases and 3 x 5-year renewal options thereafter.


Coffee Heads is secured on a 6-year lease term expiring in 2029, with fixed annual 3% rental increases and 2 x 5-year renewal options thereafter.


Located in the Vasse Town Centre in between McDonald’s and Shell Coles Express service station and within 100 metres of Coles Supermarket, Liquorland, Vasse Medical Centre & Pharmacy and Vasse Bakery. This expanding township is soon to benefit further from the new Vasse Village Bunbury Farmers Market (currently under construction).


For Sale via Private Treaty.


*Approximate

- Perth - South West & Deep South
4 Birak Lane View More Images

Brokers

Ben Younger
Ben Younger

Director & Joint Head of Capital Markets, WA
Perth, Australia
License: RR68990

+61 (410) 533679

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