A high profile and high traffic retail shop just metres from the Hospital precinct and in immediate proximity to UWA is on the market, with various medicos and students said to visit the caf daily.
A fantastic opportunity to secure a great investment securely leased to the popular Felix & Co. Specialty Coffee in the heart of Nedlands.
Key Details:
- Total building area 50sqm*
- 36sqm* + 1 undercover secure car bay on title
- Busy neighbourhood cafe in prime location
- Affordable investment
- Tightly held precinct
- Established 7 year business
Current Lease Particulars:
Lessee: Typica Coffee Group Pty Ltd
Lease Term: 5 years
Lease Expiry: 23rd May 2023
Option: 3 x 3 year options
Current Net Income: $27,270.12 pa + GST
Rent Reviews: Fixed CPI annual increases or 2.5% increases whichever is greater
Outgoings: Payable by the Lessee
Location:
160 Hampden Road is situated between Hardy Road and Karella Street and across the road from Dme Caf, Nedlands. The property is located within walking distance to the New Childrens Hospital, Sir Charles Gairdner Hospital, Hollywood Medical Centre and the University of Western Australia. Hampden Road offers a wide range of retail amenities and excellent lifestyle elements including cafes, banks, bottle shops, supermarkets, restaurants, medical facilities and pharmacies.
Asking Price:
$520,000 (Going Concern)
To book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agents Jack Bradshaw (0439 095 336) and Brian Neo (0411 868 486).
* Approximate
The size of Nedlands is approximately 5.3 square kilometres. There are 18 parks, covering nearly 11.3% of the total area. The population of Nedlands in 2016 was 10194 people. By 2021 the population was 10561 showing a population growth of 3.6% in the area during that time. The predominant age group in Nedlands is 10-19 years. Households in Nedlands are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nedlands work in a professional occupation.In 2021, 70.80% of the homes in Nedlands were owner-occupied compared with 70.90% in 2016.
Nedlands has 5,318 properties. Over the last 5 years, Houses in Nedlands have seen a 54.52% increase in median value, while Units have seen a 80.71% increase. As at 30 April 2026:
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