4/375 Hay StreetSubiaco WA 6008
Property Details for 4/375 Hay St, Subiaco
Last Listing description (March 2023)
CBRE is pleased to present for sale these 2 adjacent retail shops as a combined investment in the heart of Subiaco.
The 'Subiaco Mews' retail complex situated at 375 Hay Street is renowned as a hub for restaurants and food outlets.
The title reveals a combined area of 148sqm* plus 2 car parking bays at basement level.
Shop 4 comprises 71sqm* plus 1 car bay and Shop 5 comprises 77sqm* plus 1 car bay.
The Subiaco Mews complex provides generous customer parking and amenities.
LEASE TERM: 8 years until 30/04/2019
LEASE OPTION: 3 years until 30/04/2021
BASE RENT: $50,0000 plus GST*
REVIEWS: Annual increases by 4% with market review at option
OUTGOINGS: Payable by tenant (refer to Lease)
BANK GAURANTEE: $35,000
PROFIT RENT: $5,000-$10,000pa*
For Sale $950,000 (no GST)
*approx
Property History for 4/375 Hay St, Subiaco, WA 6008
- 06 Jul 2024Sold for $880,000
- 26 Jun 2015Listed for Sale $950,000 (no GST)
- 27 Nov 2003Sold for $450,000
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