DFR Commercial are pleased to present to the market this 69m2 leased investment located in vibrant East Fremantle. The property is leased to a well-established Fish & Chips take away through to June of 2027, with a further five-year option that could extend the lease to 2032.
Nestled within a boutique complex of seven units, the property sits among cafes, The Good Grocer, professional / medical suites and residential apartments, offering high visibility and excellent passing trade.
Features Include:
- Total building area of 69m2
- Long term tenant
- Prominent location
- Ample on-site and nearby parking
- High foot traffic & Visibility
- Mini roller door delivery access
- 400L Grease trap
- Equip with 3 phase power
- Shared toilet facility
Lease Terms:
- Rent: $26,203.68p/a + GST + O/G's
- Outgoings: $10,922.78
- Lease commenced 1st of July 2022
- 5-year lease term
- 3% Annual Increases
- Market rent review at commencement of further term
- Lease expires 30th of June 2027
- One further 5-year option
- Two guarantors & security bond of $13,000
Approximate annual outgoings: Council rates $3,392.46, water rates $1,100 and strata levies $6,430.32. TOTAL: $10,922.78
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