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Perth, Lot 2 & 3/239 Adelaide Terrace

What an amazing investment

$2,195,000 Plus GST (if any)

Listing Number: NRP2748
About this listing
NAI Harcourts Realty Plus offers for sale this combined and adjoining retail and commercial units. The properties are well presented and offer an ideal street front, ground floor central CBD location on Adelaide Terrace, Perth.

239 Adelaide Terrace, Perth is a multi - storey commercial and residential complex. The building comprises of 8 floors of Commercial and retail units and 29 floors of residential property in the Elevation Tower.

The complex is centrally located amongst many Commercial buildings, high rise residential apartment complexes, and several major hotels including the Pan Pacific, Duxton and Novotel Langley Hotel, and the Perth Concert Hall.

The Adelaide Terrace location is a short walk to the riverside locations of Elizabeth Quay, Barrack Square with the Bell Tower, Riverside Walk and Langley Park. Public transport is at the door, and large carparks are a short walk away.

Key Features:
Unit 2
235sqm property
2 car bays - 1 x undercroft bay, 1 x open bay

Unit 3
121sqm property, currently vacant
1 car bay - open parking

Street frontage to Adelaide Tce
Prime location for F&B Outlets
Security
Inbuilt sound system

Communal bathrooms

The leased lots are being offered for sale on the current basis

Lease Details:
Part Lot 2 - Front - 28sqm plus Alfresco 50sqm
Lease from 01.01.13 to 31.12.17.
Option 1 x 5 years
Current rent (2015) $37,485 + GST
Current Use - Café Outlet
Part Lot 2 - Rear - 100sqm plus Alfresco 100sqm
Lease from 01.10.14 to 30.09.19
Option 1 x 5 years
Current rent (2015) $68,000 + GST
Rent review +3%
Current Use - Café / Lunch Bar

Unit 3 / 239 Adelaide Tce Perth will be sold as vacant possession.
Property Information
  • Floor Area: 235 sqm
  • Land Size: 235 sqm
  • Property Type: Retail

Contact Details

NAI Harcourts Metro

10, 2 Lancaster St
Spearwood

Property Location

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