A 25 sqm* strata-titled shopfront in a high-traffic arcade linking St Georges Terrace and Hay Street, one of Perth CBD's busiest pedestrian routes. Leased to popular café Up Lift on a secure lease running to October 2028, with a further 5-year option, this property delivers immediate, low-maintenance rental income with the tenant covering rent, outgoings and GST.
Key Highlights: -25 sqm* strata-titled retail shop -Prime arcade location, St Georges Tce to Hay St -Leased to established café tenant until Oct 2028, + 5-year option -Net annual rent: $17,132.77 + outgoings ($8,937.50) + GST -Tenant pays rent, outgoings and GST in full -Surrounded by major office towers, banks and retailers
A fully tenanted, income-producing asset with minimal landlord obligations — an ideal entry point into Perth CBD commercial property. Contact Farhad Mogul on 0493 682 806 for further details or to arrange an inspection.