9 year WALE - 5.9% passing yield*

SOLD

309-311 Fitzgerald Street

West Perth WA 6005

Retail

FOR SALE

1077m2

Ray White Commercial (WA) is pleased to present 309-311 Fitzgerald Street for sale.

The property is a service station on a 1,077sqm* corner lot offering significant future development opportunities. It is located in the commercial precinct of West Perth, on the corner of Vincent Street, Fitzgerald Street and Eden Street, approximately 2 kilometres west of the Perth GPO.

Property Features:
• 10 year lease to Puma Energy exp Dec 2026 plus options
• Future multi-level mixed-use redevelopment potential
• 1,077sqm* corner lot with 3 street frontages
• $258,750* pa net income
• 3.5%* annual increases
• High profile corner location with 33,460** traffic count

For further information or to arrange an inspection, please contact:
Stephen Harrison
M: 0421 622 777
E: stephen.harrison@raywhite.com

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

*Approximately
**Main Roads Traffic Digest 2014-2015