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Absolute Waterfront South Perth Foreshore Restaurant | **SOLD**

39 Mends Street South Perth WA 6151

Sold
  • Retail
  • 565 m²

Views of the Swan River, the Perth city skyline and Kings Park from the South Perth foreshore are images that define this absolute waterfront location.

South Perth boasts:
– Over 46,000 local residents
– A nearby ferry terminal that connects over 400,000 passengers to the city and South Perth each year prior to Elizabeth Quay opening and is predicted to increase substantially
– Amongst the greatest residential density in the state
– Over 500 new nearby dwellings currently proposed for construction
– An affluent demographic with over 60% of the work force employed in the managerial & professionals services industry.

The property is sold with an existing Lease in place:

– Term: Ten (10) years
– Annual 4% rent reviews
– Bank and personal guarantees
– Proven operator
– Substantial depreciation benefits
– Brand new prestige building
– Three (3) car bays and storage included
– Due to complete and settle Q4 2019.

Act now, don’t miss this fantastic opportunity to invest in a world-class, waterfront restaurant in one of Perth’s most affluent and well located suburbs.

Offers Invited.

Contact us today on (08) 9426 1777 for further information.

*Approx

Jim Tsagalis
Managing Director
0411 760 760

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