10 Henrietta Street York WA 6302

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THE FLOUR MILL SITE

10 Henrietta Street, York
Joint Listing Agent Michael Watts from Elders Real Estate 0417 952 557

A Unique Opportunity

The York Flour Mill (circa 1892) combines a central location, a well-known historic drawcard, and steady rental income of several varied commercial leases. This superior mix has created an excellent opportunity for an astute new owner.

The large complex is in the town centre and offers a wide range of committed tenancies which provide a secure revenue. Enjoying the patronage of locals and the tourist trade, the variety of leases on the site include:
- York Hair Studio
- York Flour Mill Caf
- Pert's Pantry
- Thrifty Car Rentals
- York General Store
- Pop Up Markets (seasonal)

A new owner could also enjoy the opportunity to develop their own business on the property (subject to council approval) amidst this established and enthusiastic community.

York is the oldest inland town in WA and is set in the beautiful Avon Valley, just 90 minutes from Perth. The town is now a popular tourist destination.

Total rental income is approx. $82,400 per annum plus outgoings*, and there exists the potential for development of further income generating operations such as concerts, gallery, etc. The current rental income is as follows:

- Lease 1 approx. $25,000 PA
- Lease 2 - approx. $7,800 PA
- Lease 3 - approx. $12,000 PA
- Lease 4 - approx. $9,000 PA
- Lease 5 - approx. $19,000 PA
- Lease 6 - approx. $9,600 PA

The grounds are in an excellent location, situated at the entrance to the town. As well as the historic 4 storey red brick mill, buildings include the Sawtooth Shed, a warehouse, caf with commercial kitchen, public toilets with universal access, dual street frontage and public parking. The property sits on the following titles and lot sizes:

- Lot 25 approx. 1770 sqm
- Lot 26 approx. 1507 sqm
- Lot 27 approx. 1153 sqm
- Lot 38 approx. 997 sqm
- Lot 58 approx. 1275 sqm
- Lot 24 approx. 1452 sqm
- Lot 26807 approx. 526 sqm
- Lot 631- approx. 2820 sqm (across the road and available for sale separately)


The Mill stands proud as you enter the town on the main road from Perth, and with vision could become an even greater drawcard for visitors. Markets, music festivals or showrooms... This is a site that deserves to endure as a landmark destination. Step into pages of history and make your mark!

* Income and lot sizes are approximate only. Please call for further information.
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Key Features

    Land
    11500m²
    Virtual Tour:Click to view 
    Last updated 03:22PM on Jan 3rd 2017
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    ACTON - Cottesloe

    160 Stirling Highway
    Nedlands WA, 6009

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    ACTON - Cottesloe

    160 Stirling Highway
    Nedlands WA, 6009
    More property from ACTON - Cottesloe
    2 Eileen Street11 Warnham Road10 Henrietta Street34a Riley Road7/15 Overton Gardens34/1 Freeman Loop