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15 South Methven St 821 SF Retail Condo Unit Offered at $302,782 in Perth PH1 5PE
Investment Highlights
- Great footfall Area
- Great Transport Links.
- Large glazed Frontage
Executive Summary
Mid-terraced ground floor retail premises forming part of a larger blonde sandstone building where the upper floors are in residential use. South Methven Street is a busy local pitch where neighbouring occupiers include Johnsons The Cleaners, Perth Dental Care, Pizza Express and Marians of Perth Ladies Clothing.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
Internally provides open plan accommodation with public front area complete with staff / customer toilets and kitchen tea prep to the rear
Sale Notes
Offers over £225,000 are invited for our client’s heritable interested with the benefit of the existing lease.
A purchase at this level reflects a net initial yield of 9.79% assuming purchasers' costs of 2.18%
A purchase at this level reflects a net initial yield of 9.79% assuming purchasers' costs of 2.18%
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 15 | 821 SF | Retail | $302,782 ($368.80/SF) | - |
Unit 15
| Unit Size |
| 821 SF |
| Condo Use |
| Retail |
| Price |
| $302,782 ($368.80/SF) |
| NOI |
| - |
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Unit 15
| Unit Size | 821 SF |
| Condo Use | Retail |
| Price | $302,782 ($368.80/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| Internally provides open plan accommodation with public front area complete with staff / customer toilets and kitchen tea prep to the rear</li></ul> | |
| Sale Notes | |
| Offers over £225,000 are invited for our client’s heritable interested with the benefit of the existing lease.<br> A purchase at this level reflects a net initial yield of 9.79% assuming purchasers' costs of 2.18%</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 5,843 SF | Floors | 4 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,328 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1878 |
| Building Class | C | Lot Size | 0.06 AC |
| Total Building Size | 5,843 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 1,328 SF |
| Year Built | 1878 |
| Lot Size | 0.06 AC |
Amenities
- Security System
- Signage
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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15 South Methven St
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