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Wanneroo - Land Disposition - Proposal to Lease & Licence Part of Lot 101 (3) Rocca Way

Community engagement has now closed. Comments were submitted from 19/12/2019 to 07/01/2020.

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LAND DISPOSITION - Proposal to Lease & Licence Part of Lot 101 (3) Rocca Way, Wanneroo

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 a portion of the following property as follows:

Lessee:                         Manumalo Pty Ltd (ACN 137 762 826) as trustee for the Aiga Family Trust (and trading as Café Elixir)

Property:                      Portion of Lot 101 (3) Rocca Way, Wanneroo

  • Retail Shops Lease of approximately 257m2; and
  • Non-exlusive Licence of approximately 22m2.

Term:                             Five (5) years commencing on the execution of the Lease & Licence

Additional Term:          One option - five (5) year term

Rental:                           $71,000 (plus GST) plus outgoings per annum 

Annual Rent Review:   Fixed 3% rental increase per annum during the Term and any Additional Term (other than on a Market Rent Review date).

Market Rent Review:   Commencement date of the Additional Term  

Market  Valuation:        $71,000 (plus GST) plus outgoings per annum.


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, 7 January 2020
 
DANIEL SIMMS
CHIEF EXECUTIVE OFFICER


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