322B Yangebup Road, YANGEBUP, WA 6164
High exposure location - Securely leased!
Prominent corner position in local suburban strip shops with a two tenancies! A national tenant (Chicken Treat) AND a local catering business (The Jolly Pig)!
Great performing business in top location makes this investment easy to fund and easy for you to sleep at night. What a great opportunity to buy a retail investment in a well established and popular local shops in the centre of Yangebup.
Two tenancies on one title with a major tenant. The first tenancy being, a 115sqm Chicken Treat Restaurant secured until April 2021 with a further 5 year option. And the second tenancy being, a 106sqm catering business leased until May 2022 with a further 5 year option.
The total income on the property amounts to $65,671 p.a. (rent) + outgoings + GST. At the current listing price, this is a yield of 7.3%!
An detailed investment memorandum is available on request. To view the property please contact the exclusive selling agents at Salt Property Group.