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189 Guildford Road, Maylands, WA 6051

189 Guildford Road, Maylands, WA 6051

Retail

  • Sold Contact Agent
  • Fri 27-Aug-21

  • Land Area
  • 364.00 m² (approx)
  • Floor Area
  • 230 m²
  • Last Updated
  • Aug 30, 2021

Interested in this property? Contact an Agent today

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace

Perth WA 6000

Premium Retail Leased Investment

+ Net Income: $94,833.38 pa
+ Long Standing Popular Business
+ Freehold Corner Site
+ Set & Forget Investment
+ Options in place until 2034

Burgess Rawson are pleased to present to the market for sale 189 Guildford Road, Maylands. This outstanding leased investment offers the astute investor an opportunity to purchase a single–tenanted freehold building with a strong performing operator.

The property leased to popular restaurant ‘Rifo’s’ collects an annual income of $94,833.38 pa currently within a 5 year term with a 5 year option.

Improvements
The property comprises a 230sqm single level building with outstanding exposure on the corner of Guildford Road and Eighth avenue, Maylands. The property enjoys indoor dining, covered alfresco seating, on site kitchen, cool room and grease trap.

Location
The property enjoys a fantastic inner city location with easy access to key thoroughfare roads, the Perth CBD and Graham Farmer Freeway. The building benefits from huge exposure and signage on Guildford road with an estimated 28,695* passing cars daily Monday to Friday (Main Roads 2020/2021).

Zoning & Development
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189 Guildford Road, Maylands, WA 6051

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