|Address||5 Settlers Avenue, Baldivis|
|Net Passing Income||$477,924.00 pa plus GST (approx)|
|Closing Date||3 December 2014|
|Zoning||"Liquor Store" - City of Rockingham|
5 Settlers Avenue, Baldivis comprises of a rare standalone retail approved building, and which is subject to a 15 year net lease to Wesfarmers owned First Choice Liquor. The property was sold to a private investor for $7.9 million dollars, which shows a yield of 6.04%.
Jeff Klopper, Managing Director of Vend Property, negotiated the sale on behalf of Redcliffe Holdings Pty Ltd and Auspacific Pty Ltd.
For further information on the property or the sale, please contact Vend Property.