Two adjoining Strata Title retail shops currently trading as the Imli Indian Restaurant are for sale with secure lease and excellent location on Grand Boulevard in Joondalup City Centre.
The two properties are being offered as one investment with a current net return of $48,000 Pa + GST with the tenant paying all strata levies and outgoings.
Unit 12 is fitted out with a full kitchen and bar and each unit has its own toilet facilities including disabled amenities. A grease trap is located at the rear within the common area. The properties have individual titles and can be leased as individual tenancies in the future if required.
This is an excellent investment property securely leased at a realistic and sustainable rent level with fixed 5% pa rent increases.
Close to Transport