Prime, Perth Hills, Retail Business Investment

Business For Sale Perth, Western Australia 6000

Business Category Commerical Property Freehold General Retail

$4,000,000

Description

Prime, Perth Hills, Retail Business Investment

• A freestanding Freehold Suburban Shopping Centre of 1145sqm GLA; & on a large 3289sqm Commercial zoned corner site.
• Developed over 2 adjoining Ground Level buildings & with 2 separate & conveniently accessible on-site Parking Lot areas.
• A historically successful & fully leased Retail/Commercial centre; & with over 45 years of its original founding-family owners/managers proprietorship.
• Expanded from its original development in to its now 11 shops, some with adjoining multi-shop locations & with substantially strong, long term active traders.
• A true local Hills Shopping Centre icon – being well exposed & highly visible, amidst its established high-end garden suburb residences.
• Also strategically located on a major suburban through-road & providing additional off-site parking bays for its overflow centre patrons.
• Providing its Freehold-owners with a Financially sound Retail Investment – & currently generating a Gross Annual Rental of some $280Kpa [plus outgoings];
• And also with a number of its CPI related 2024 Rent Reviews still pending during the balance of this calendar year.
• It is attractively Offered For Sale by its [now retiring] owners, by way of Expressions of Interest, from some $4M.

To register your interest or to obtain further details, please contact the exclusive selling agent: David Ellis / of Ellis Corporate – XXXXXXXXXX / XXXXXXXXXX / XXXXXXXXXX

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Ellis Corporate Admin
  • Ellis Corporate Admin

Bsale ID: 646006
Broker REF: DEEC8524

Ellis Corporate
Make Enquiry

Thank you, your enquiry has been sent now.