E.O.I. From $4m
25, 639 Beach Road, Warwick, WA 6024
Blue Chip Investment
A rare opportunity to invest in a strata property in the Warwick Entertainment Centre precinct with McDonald's as a long term "A grade" tenant, operating since 1999.
PROPERTY DETAILS
• 354 sqm strata lot with easement to use driveway next to lot
• zoned commercial
• 182 sqm gross lettable area
TENANCY DETAILS
Net Rent: $203,955 p.a. excluding GST (To be reviewed on 1/06/2025)
Pylon Licence Fee: $1,247 p.a. excluding GST (To be reviewed on 1/06/2025)
Variable Outgoings: Recoverable from Tenant except for $12,884 excl GST for Management Fees
Original Lease Commencement - 1/06/1999
Lease Options: 1/06/2030 to 31/05/2035
1/06/2035 to 31/05/2040
Rent Reviews: annually based on CPI or 5% increase, whichever is the lower
Contact exclusive agent Jenny Quek on 0419 968 870 or email her on [email protected] for more information.
PROPERTY DETAILS
• 354 sqm strata lot with easement to use driveway next to lot
• zoned commercial
• 182 sqm gross lettable area
TENANCY DETAILS
Net Rent: $203,955 p.a. excluding GST (To be reviewed on 1/06/2025)
Pylon Licence Fee: $1,247 p.a. excluding GST (To be reviewed on 1/06/2025)
Variable Outgoings: Recoverable from Tenant except for $12,884 excl GST for Management Fees
Original Lease Commencement - 1/06/1999
Lease Options: 1/06/2030 to 31/05/2035
1/06/2035 to 31/05/2040
Rent Reviews: annually based on CPI or 5% increase, whichever is the lower
Contact exclusive agent Jenny Quek on 0419 968 870 or email her on [email protected] for more information.
Property Info
Municipality
Warwick
Johnson Property Group Osborne Park
Suite 31, Level 5, 25 Walters Drive
Osborne Park, WA 6017
Tel: 08 9446 6888
Email Us
Jenny Quek
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