Here is an opportunity rare seen in Busselton. A 99 square metre strata lot in the highly regarded Fig Tree Lane arcade.

Leased at an annual rental of $31,000 per annum plus GST (approximately $22,000 gross) with over 4 ½ years to run.

Fig Tree Lane is already an iconic location for retailing in Busselton and with the proposed Woolworths development opposite the lanes other end – Kent Street, foot traffic in the lane should increase markedly in the future.

The initial yield of approximately 6% should grow considerably in the future.

Details from Tim Dale.