Property:
Unit 6: 378 South St, O’Connor (Lots 5 and 12) Strata Plan 23665

Location:
A prime showroom facing South St in the established Homeworld Showroom complex which is ideally located on the corner of Stock Rd, South St and Yarrick St O’Connor, the retail hub

Property Description:
The 1066sqm showroom is constructed of brick and iron with glazing and signage facing South Street.

The interior of the showroom incorporates a fitout of suspended ceiling, lighting, carpet and evaporative air conditioning. The rear portion of the showroom has a high truss and is being utilised for warehousing of stock and is accessible via multiple roller door entries and a covered loading dock.

Tantique is among other well known established tenants enjoying this location including; Rick Hart, Solver Paints, Doors Plus, Half Price Pottery, Austral Bricks, Aqua Technics, Freedom Pools, Tilemart and Bunnings ensuring a strong leasing future.

Lease Conditions and Terms:

New Lease to Tantique Home Furnishings

Commencement On Settlement of Property

Term 5 years

Options -5 years plus 5 years

Annual Net Rent – $165,230 p.a. Or $13,769.16 pm

Annual Rent Reviews to Perth (CPI) + 1%

Market Rent Reviews at Option

Guarantee Bank Guarantee of $82,615 fixed

Outgoings Payable by Lessee

Tantique Home Furnishings:
A long standing successful furniture wholesaler/ retailer with stores in O’Connor, Joondalup and Port Kennedy.

Price $2,175,000 plus GST