20/40 St Quentins Avenue, Claremont WA 6010
Price $1,100,000
Retail
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Restaurant Freehold (FULLY LEASED) in CENTRE of Claremont
ASKING PRICE $1,100,000 (no gst payable)
RENT $75,900 including gst
• Located in St Quentins complex corner of Stirling Highway, Stirling Road & St Quentins Avenue
• TOTAL STRATA AREA 181sqm
• FREEHOLD BUILDING Fully leased to popular Momos & More Nepalese Restaurant
• Business running well with Husband (Chef) and Wife (Accountant) Owners
• Complex comprised of 63 Residential Apartments and 20 Commercial Units
• Same freehold owner since bought off plan in 2007
• NEW LEASE 3 Years with 3 YEAR OPTION commenced 1st April 2025
• Rent $69,000 per annum plus gst
• Lessee pays all outgoings of $12,699 per year
• Two Secure Car Bays include in rent
• ALL OUTGOINGS PAID BY LESSEE consisting of
Claremont Council Rates $4,288 PA
Watercorp $2,220 PA
Strata Levies $ 6,191 PA
• Rent increase CPI annually and to market on exercise of 3 year option
• Plant and equipment list owned by Lessor will be provided
• All plant and equipment maintained by tenant
• Use of gymnasium and pool available to tenant
• Operating Hours 7am to 10pm everyday
• Security Bond of $20,000 in place
Sold as going concern with lease in place hence not subject to GST
FUTHER DETAILS
Contact Owner / Agent MURRAY PETER 0411188825 email [email protected]
Property features
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Land area
181m2
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Floor area
153m2
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Tenure type
Tenanted investment
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Outgoings
$12,699
Property snapshot by reiwa.com
This commercial property at 20/40 St Quentins Avenue, Claremont is listed for sale by Murray Peter at Mack Hall Real Estate in assoc. with Knight Frank.
It has been described by the agent as ‘Restaurant Freehold (FULLY LEASED) in CENTRE of Claremont’.
If you would like to get in touch with Murray Peter regarding 20/40 St Quentins Avenue, Claremont, please call 0411 188 825 or contact the agent via email.
Cost breakdown
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Council rates: $4,288 / year
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Water rates: $2,220 / year
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Strata fees: $1,548 / quarter
Contact the agent
