Investor's or Owner Operator's Delight
68 Petra Street, PALMYRA WA 6157
What to like
retail and office tenants that been in situ for multiple years.
Location:
The site sits in the strategic suburb of Palmyra. The area is flourishing with a stong blend of commerical and residential offerings. The subject site sits just off Canning Highway which is one of the main key aertial roads connecting major key business hubs. There is strong public transport options and readily available parking in the nearby shopping centres.
• Two story green title office/retail building
• 8 tenancies delivering a net income of $118,758 p.a
• Outgoings covered by tenants at $38,747
• WALE: 1.55 years
• Zoning: Mixed Use - R50
• Local Council: City Of Melville
• Amenities both ground and first level
• Potential for redevelopment
• 14 Car Bays
Sale Process:
For sale via expression of interest closing 28th of October 2025 at 4pm
For further information or to arrange an inspection, please contact the exclusive agents Fletcher Wolpers & Justin Baker.
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While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.