Outstanding Retail Leased Investment

Retail - Morley WA

+ 4 Retail tenants across 5 strata lots
+ Approximately $178,014pa net rent
+ Between Galleria Shopping Centre and Coventry Village Markets
+ Future redevelopment potential

Features
+ Morley City Centre
+ Zoned Centre – Central Core Precinct
+ Highly sought after Food and Beverage Precinct
+ Adjacent to Galleria Shopping Centre
+ Opposite Coventry Village Markets
+ 697sqm Land holding

Tenancy Details

Lots 1 & 2: 146sqm
Phong Dinh Vietnamese Cuisine
Current Rent $68,236pa + Outgoings + GST
Lease Expiry 30/6/2025
CPI Rent reviews

Lot 3: 73sqm
Café Mullberries
Current Rent $33,796pa + Outgoings + GST
Lease Expiry 6/4/2025 + 5 Year Option
CPI Rent Reviews

Lot 4: 73sqm
K.I Persian & Middle Eastern Grocery
Current Rent $33,141pa + Outgoings + GST
Lease Expiry 30/6/2025 + 5 Year Option
CPI Rent reviews

Lot 8: 101sqm
Sakanaya Takumi Japanese Restaurant
Current Rent $42,840pa + Outgoings + GST
Lease Expiry 30/9/2028 + 5 Year Option
CPI Rent reviews

For further information please contact the Exclusive Selling Agent.