Proposal to Dispose of Property by Lease

⁠⁠⁠The Town proposes to grant two leases to Onca Enterprises Pty Ltd.

The leases are:
1. The café area at Aqualife, Somerset Street, East Victoria Park. The café Area at Aqualife is comprised of a 60m2 floor area together with café equipment fixtures.
2. The café area and commercial kitchen at leisurelife, Kent Street, east Victoria Park. The café area at Leisurelife is comprised of a 24m2 floor area together with café equipment fixtures, and the commercial kitchen area at Leisurelife is comprised of a 33m2 floor area together with commercial equipment fixtures.

The market valuation undertaken by a licensed valuer assessed the Aqualife café rental value as being $12,500 per annum exclusive of GST, and the Leisurelife café and commercial kitchen rental value as being $17,500 per annum exclusive of GST.

The Proposed rent for the Aqualife café is $12,500 per annum exclusive of GST, and the proposed rent for the Leisurelife café and commercial kitchen is $17,500 per annum exclusive of GST. There will an initial rent free period of six (6) months for both leases.

Both leases are for a term of 12 months with an option of two further terms of 12 months each.

Members of the public are invited to make submissions in relation to these proposed leases.

Please forward any submissions either by mail to the Town of Victoria Park. Locked Bag No. 437, Victoria Park WA 6979 or by email to admin@vicpark.wa.gov.au no later than 4pm Monday 10 September 2018.

Anthony Vuleta
Chief Executive Officer