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5 Settlers Avenue, Baldivis

Overview

Address 5 Settlers Avenue, Baldivis
Region Metro South
Net Passing Income $477,924.00 pa plus GST (approx)
Passing Yield 6.04%
Closing Date 3 December 2014
Zoning "Liquor Store" - City of Rockingham

Description

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.

5 Settlers Avenue, Baldivis