Exceptional Investment in High Traffic Retail Hub
4 Birak Lane Vasse WA 6280
Cushman and Wakefield are pleased to offer 4 Birak Lane, Vasse for sale via Private Treaty.
The property has a passing Net Income of $215,000* per annum, with a Gross Building Area of 1,991*sqm, 9 car bays with Urban Development Under Local Planning Scheme 21 Zoning.
4 Birak Lane, Vasse operated primarily by Chicken Treat, is secured on a 12-year lease term expiring in 2035, with fixed annual 3% rental increases and 3 x 5-year renewal options thereafter.
Coffee Heads is secured on a 6-year lease term expiring in 2029, with fixed annual 3% rental increases and 2 x 5-year renewal options thereafter.
Located in the Vasse Town Centre in between McDonald’s and Shell Coles Express service station and within 100 metres of Coles Supermarket, Liquorland, Vasse Medical Centre & Pharmacy and Vasse Bakery. This expanding township is soon to benefit further from the new Vasse Village Bunbury Farmers Market (currently under construction).
For Sale via Private Treaty.
*Approximate