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26/51 Farrington Road, Leeming, WA 6149

26/51 Farrington Road, Leeming, WA 6149

Retail

  • For Sale
  • Contact Agent

Blue Chip Investment - High Profile Drive Through Bottle Shop

  • New 7 Year Lease Term
  • Leaseback to Endeavor Group
  • $140,000 p.a net Plus GST

  • Floor Area
  • 328 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Sep 23, 2021

Interested in this property? Contact an Agent today

Lease Equity - Perth

Level 1 / 604 Hay Street (Cnr Barrack Street)

Perth WA 6000

Blue Chip Investment - High Profile Drive Through Bottle Shop

Lease Equity is pleased to offer For Sale by Private Treaty, Shop 26,51 Farrington Road, Leeming WA.

This freestanding strata titled drive through bottle shop is prominently located on the corner of Farrington and Findlay Road and forms part of the Leeming Forum Shopping Centre, anchored by IGA. The property is leased to Endeavour Group Limited (BWS) 85.4% owned by Woolworths Group Limited and 14.6% BMG.

Farrington Road is a busy arterial road connecting with the Kwinana Freeway to the West and Karel Avenue to the East providing linkages to South Street and Roe Highway. Surrounding suburbs include Bull Creek, Jandakot, Murdoch and South Lake.

Property Highlights:

 Strata area: 723sqm*
 Strata Lettable area: 328sqm*
 Lease back to beverage giant Endeavour Group Limited
 Term: 7 years plus 4 x 5-year options
 Net income: $140,000 per annum plus GST

This represents an exceptional opportunity to take advantage of record low interest rates and secure an investment with long term sustainable returns.

For further information or to arrange an inspection, please contact Luke Pavlos of Lease Equity today on 0420

26/51 Farrington Road, Leeming, WA 6149

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