5/4 Port Quays, Wannanup, WA 6210

  • 438 sqm

For lease

Stepped Rents - refer text below

Open your own Cafe/Restaurant or Office on the Water's Edge

Situated in the Greater Mandurah Region, this property sited on the premium Wannanup canals is in the heart of the Northport Piazza in Wannanup (near Dawesville Cut) and flanked by Port Bouvard Island and Avalon Bay. This breathtaking location offers a 200 degree canal view and is ideal for a restaurant, tapas bar, coffee/food operation or gym etc – or a blend of similar uses.

The main internal area is 341m2 plus there is an 84m2 elevated alfresco balcony situated just above a boardwalk with 5 public boat pens being available for visits off the water. There is also a 2m2 storage area plus a 12m2 private bin/storage area, totalling 438m2.

With a water frontage stretching approx 80m it comes with a grease trap, reverse cycle air conditioning, male and female toilets etc.

It is currently largely an open plan design so this is a “blank canvas” offering great potential for the right operator.

This represents sensational value, so be quick before the opportunity passes.

Rent incentives for the right tenancy as follows:

• Year 1… 12 Months Base Rent Free + Outgoings only + GST

• Year 2… Base Rent only $2000 pcm + Outgoings + GST

• Year 3… Base Rent only $3000 pcm + Outgoings + GST

• Year 4… Base Rent only $3500 pcm + Outgoings + GST

• Year 5… Base Rent only $4000 pcm + Outgoings + GST

thereafter by negotiation or to market rent.

NB: Outgoings approx. $32,000 pa net + GST (if applicable)

NB: all photos and any plans are indicative only and for illustrative purposes only

Call Gavin on 0412 777 278 for more info or to arrange an inspection

Outgoings$32,000.00 per annum
ZoningService Commercial/ Mixed use
TenantedNo
Property Info:
  • Property ID: L1146117
  • Property Type: Retail
  • Building / Floor Area: 438 sqm
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R&H Suburb Profile: Wannanup

R&H Suburb Summary Houses
Number of sales 86
Average Price $469,465
Median Price $415,000
Median Rental Price $360 p.w.
Change in Rental Rate (5yr) -16 %
R&H Suburb Summary Units
Number of sales 10
Average Price $537,300
Median Price $522,500
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) -19 %
Wannanup, WA - Median Trend
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