28 Adelaide Street

Description

*** SOLD AT AUCTION ***

**** SOLD AT AUCTION ****

FPS Commercial Property is delighted to Auction 28 Adelaide Street, Fremantle. Located in the heart of the Fremantle CBD and directly across from the new Fremantle Kings Square Development.

Property Details:

Total Land Area: 526sqm
Total Net Lettable Area: 600sqm (approx.)
Ground Floor Retail
– 288sqm: Vacant
– 83sqm: Parkside Newsagency and White Diamond Lotteries Kiosk
First Floor Office / Storage
– 186sqm: Vacant
– 43sqm: Parkside Newsagency and White Diamond Lotteries Kiosk
Parking
– 4 Bays (2 x 2 tandem bays)

Tenancy Details
Tenant: Parkside Newsagency and White Diamond Lotteries Kiosk
Current Term: 1st July 2016 – 30th June 2021
Current Annual Net Income: $32,407.56pa+GST
Current 19/20 Outgoings Paid By Tenant: $6,333.77pa+GST

Terms and Conditions
Auction on Site: 28 Adelaide Street, Fremantle
Date: 14th August 2019
Time: 11:00am
Deposit: 5% of purchase price.
Settlement: 45 Days

For further information please contact Craig on 0417 924 444 or at [email protected]