1-2/3 Stanhope Gardens, Midvale WA 6056

Realmark Commercial is pleased to present this unrivalled opportunity to obtain a high quality premises leased to national tenant. With a new 5-year lease secured at 2nd October 2023, this investment will provide the successful purchaser the security of a long-established Australian-owned franchise, and confidence in a sound commercial asset situated in a busy region of Perth's east-metro area.

Details:
Leased to Peter Stevens Motorcycles Pty Ltd. T/As Savage Suzuki
5 year lease from October 2023 with two further 5-year options
Annual net rent $282,000
Exceptionally well maintained asset
Strategic location with highway exposure

Peter Stevens Motorcycles have been operating in Australia since 1987, and has eight stores across the country servicing the motorcycle and motorsports industry. A high-end retailer that has a proven record and reputation, this is an opportunity that the discerning investor would be wise to consider.

For sale as a parcel of two lots, this sale will include both Lot 1 and Lot 2 within this three-lot strata. Situated at the intersection of Great Eastern and Roe Highways in Midvale, this is a major transport corridor spanning from the Perth region to the Goldfields & Wheatbelt regional areas.

For more information on the particulars of this lease, and the benefits of this opportunity, contact Alex Taylor on 0439 443 191 today.