High Profile Retail Corner Location

SOLD

81 Nanson Street

Wembley WA 6014

Retail

FOR SALE

360m2

- Land area 645sqm
- Improvements 360sqm approx
- Zoned 'Local Centre'
- Holding income

Introduction
Burgess Rawson are pleased to offer for sale by ‘Offers Invited' this high profile corner location currently operating as the Grantham Super Deli. This property offers a secure lease, potential future occupation or redevelopment potential.

Location
The property is located on the corner of Grantham Street and Nanson Street in Wembley. The surrounding area comprises a mix of commercial, retail and residential uses.

Improvements
The property consists of an older style retail shop in fair condition with all services connected to the property, including water, gas and deep sewer. The improvements comprise approximately 360m² and a ROW provides access to the rear of the property.

Lease Details
Expiry 18 June 2012
Approximate Net Income $41,411 pa

Land Details
Total Land Area 645sqm

Legal Description
Lot 1421 on Plan 3273 Certificate of Title Volume 1098 Folio 302.

Zoning
The Town of Cambridge advise that property is zoned ‘Local Centre'.

Closing Date
2.00pm (WST) Wednesday, 8 June 2011

Sale Conditions
The property is offered for sale by ‘Offers Invited' closing 2.00pm (WST) Wednesday, 8 June 2011. Offer documentation is available from the selling agent. Offers are to be lodged in the submission box at the office of Burgess Rawson, Level 7, 221 St Georges Terrace, Perth before the closing time.

Goods & Services Tax
The sellers are not registered for GST and the buyers will not be required to pay the sellers GST liability at settlement.

Offers Invited closes 2.00pm Wednesday, 8 June 2011

For further details

Rob Selid
0412 198 294
rselid@burgessrawson.com.au

Brian Neo
0411 868 486
bneo@burgessrawson.com.au