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Palmyra, Western Australia
Asking Price:
$900,000 (AUD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Imagine never having a rent increase again, imagine building up the Goodwill of your café and keeping it !
Rare opportunity to secure your future , control your future and build wealth for yourself.
Finding freehold/Strata commercially designed Hospitality property is like winning the Lotto !
If you can impress this Developer with your unique style , your fresh ideas and demonstrate a history of success then you might be the chosen one and secure this desirable location. Think about it , Rent is dead money but your repayments on this investment may even qualify as a Tax Deduction ! To secure this investment you will need more than money, you will be a Passionate Foodie that can convince the Developer that your application should be chosen over all of the others. The first step is to contact Robbie Doyle the Hospitality Expert to arrange an inspection and a friendly discussion about your plans , I am here to assist you, we are not looking for an Investor we are looking for an Owner Operator.
There are two boutique Retail zoned units available , ideal for a Professional looking to secure their future and build wealth

Carrington57 will be an exceptional Apartment building and local retail hub located in the heart of Palmyra and designed by the award winning Grounds Kent Architects (GKA) was formed by Jack Kent and Martin Grounds in 1993 after successfully completing the Four Seasons Resort Bali. Since this time, GKA have designed award winning resort, hotel and residential projects throughout Australia and Asia, including the 2011 Conde Nast ‘Best Hotel in the World’.
The design seeks to identify with the traditional style of the local area and the Café tenancy enjoys the prime position in this boutique development of only 24 apartments along with the Café tenancy there are two ideal sized Retail units available to purchase.

Café Tenancy $900,000 Internal Strata area of 153m2 plus 11m2 internal Bin room
Carrington57 will be an exceptional retail hub in the heart of Palmyra. Ground floor and cornerstone to a
mixed use commercial and residential building the opportunities to design your own café are extensive.
The corner retail unit offers 153m2 of internal space, with provision of three-phase power, exhaust fan and grease trap.
The inclusion of own bin store, with back end access, and accessible toilet within tenancy, provides a self-contained unit.
The corner site offers dual street frontage onto Tamar and Carrington St, with exceptional exposure to vehicular and foot traffic, with an estimated 20,000 cars passing per day
A paved alfresco on the Tamar Street frontage provides potential for additional seating and dining subject to receiving the relevant approvals from Council.

Retail Units are 70m2 and 71m2 are priced $420,000 and $430,000.
The Retail Units are located with prime street frontage on to busy Carrington Street which connects main artery roads Canning Highway and Leech Highway. Passing Traffic is estimated at 20,000 cars per day, with pedestrian traffic high from the established Café retail offerings on the intersection corners. Full height glazing to the shop fronts and direct access from the street provide excellent exposure. Street parking will be available along Tamar and Carrington Streets.
Provision for 3 phase power , water , telephone/data and future air conditioning.

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