24/51 Farrington Road, LEEMING, WA 6149
Securely leased retail investment with 7%+ returns. Feel free to call us anytime to arrange a viewing.
Farrington Fair Shopping Centre is strategically located in Leeming, close to freeway entry and exit points north and south and Roe Hwy east/west. The centre is close to the new Fiona Stanley Hospital and the area is enjoying strong demand and a very healthy property market. Anchored by IGA, there are also numerous shops and some very successful food businesses attracting custom from near and far.
This unique offering is a purpose built drive through or sit down restaurant currently leased to Golden Wok. The restaurant sits on 501sqm of land and was recently refurbished.
Net Rent: $95,000pa + GST plus outgoings.
Leased until April 2019 with a further 5 year option.
Next market review April 2017.
An investment memorandum is available on request.