; Yanchep - Land Disposition - Proposal to Lease portion of lots 510 and 523, 10 Brazier Road (Known as Orion Cafe) | City of Wanneroo
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Yanchep - Land Disposition - Proposal to Lease portion of lots 510 and 523, 10 Brazier Road (Known as Orion Cafe)

Community engagement has now closed. Comments were submitted from 31/03/2022 to 14/04/2022.

Information

LAND DISPOSITION - Proposal to Lease portion of Lot 510 and Lot 523, 10 Brazier Road, Yanchep (known as Orion Cafe)

Notice is hereby given in accordance with Section 3.58(3) of the Local Government Act 1995 that the City of Wanneroo proposes to dispose of the property as follows:

  • Lessee: ORION CAFÉ PTY LTD (ACN 601 611 741) AS TRUSTEE FOR THE ALALID FAMILY TRUST
  • Property: 760m2 (approximate) portion of Lot 510 and Lot 523, 10 Brazier Road, Yanchep (leased area of approximately 270m2 and licensed area of 490m2)
  • Term: 5 years commencing on execution of the lease
  • Options: 2 x 5 years
  • Rent: $68,000 (plus GST) per annum net rental, subject to incentives
  • Turnover Rent: 1.5% of revenue over $590,000 (excluding GST)
  • Licence: $5,000 (plus GST) per annum
  • Market Valuation:$68,000 (plus GST) per annum plus outgoings

Written public submissions are invited on the proposed disposition and should be addressed to: 
Chief Executive Officer
City of Wanneroo
Locked Bag 1
Wanneroo WA 6946 

Comments close: 4.30pm, Thursday 14 April 2022

Daniel Simms
CHIEF EXECUTIVE OFFICER

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