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SOLD

15 Ocean Keys Boulevard, Clarkson

Address 15 Ocean Keys Boulevard, Clarkson
Region Metro North
Net Passing Income 331,380.00 per annum plus GST
Passing Yield 6.1%
Closing Date 24 July 2014
Major Tenants First Choice Liquor Store
Zoning "Commercial" under the City of Wanneroo Planning Scheme No. 2
Other Features 15 year net lease in place

Description

Vend Property was delighted to have been appointed to sell the freehold interest of the First Choice Liquor in Clarkson, Western Australia by Public Auction at the Parmelia Hilton in Western Australia on Thursday, 24 July 2014.

15 Ocean Keys Boulevard comprised of a rare standalone retail approved building on a corner location overlooking the expanding Ocean Keys Shopping Centre. Recognised as a significant growth corridor, the building was subject to a strong 15 year net lease to Wesfarmers owned First Choice Liquor.

The property was successfully sold at auction for $5,425,000 to a private buyer.