1B Sunray Drive

Innaloo WA 6018

- Over 4 years remaining on the term- Next to Ikea, Quest and a lot more- Short walk to Stirling Train Station and Westfields Innaloo Quality investments under 1 million that tick all the boxes are incredibly rare, so be quick to enquire!The 106sqm investment is located just across the road from Ikea and is only a short walk away from the Stirling Train Station and bus terminal as well as the Westfield Shopping Centre. The property is leased to Pivy's Clinic, a high-end beauty and skin treatment business who have recently undertaken a luxurious fitout including a spacious reception/waiting area, 5 consulting rooms, a kitchenette, and an exclusive amenity. AVAILABLE UPON REQUEST- Strata information Inc AGM Minutes and Financials- Information Memorandum (Includes further Internal photos)- Lease Agreement- Outgoings Budget LEASE TERMS- Commencement: 1st of July 2022- Term: 5 years- Options: 2x 5 year Options - Rent $54,855pa per annum net - Outgoings: $6,406.76 (approx.)- Rent Reviews 3.5% annual increases- Security: Personal Guarantee and Bank Guarantee- Type: Retail Lease This investment is located within a development of 154 residential apartments and an 80 room Quest Apartment Hotel which sits across three separate buildings all connected via ground floor retail commercial suites, bar and bistro, and function center. The property also benefits from an adjoining Wilson Carpark and has plenty of roadside parking available for clients who need to drop in. Surrounding neighbors include Ikea, Grilled, AIM Dental Group, Perth Physiotherapy and Pilates, Sushi Wawa and much more.For more information or to arrange an inspection, please contact the Agents:Tom JonesRWC (WA)M: 0478 771 117E: tom.jones@raywhite.comBrett WilkinsRWC (WA)M: 0478 611 168E: brett.wilkins@raywhite.com