Proposed disposal of property under Section 3.58 (3) of the Local Government Act 1995.

Property Concerned:
Shop 3, Regal Place Carpark, 81 – 95 Royal Street, East Perth, legally described as:

Part of Lot 221 on Diagram 91287 and being the whole of the land in Certificate of Title Volume 2086 Folio 297.

Market Value:
Net Rental $55,300.00 per annum plus GST for the subject premises.

Parties Concerned:
Covand Pty Ltd trading as Pharmacy 777

Term:
An initial term of 7 years with a 5-year option 

Consideration:
Net Rental $55,300.00 per annum plus GST for the subject premises.

Anyone wishing to make a submission concerning this disposition is invited to do so in writing to the City of Perth by 4.00pm, Friday 2 July 2021. Submissions should be marked with the above Property Concerned details and addressed to the Chief Executive Officer, City of Perth, GPO Box C120, PERTH WA 6839 or emailed to info.city@cityofperth.wa.gov.au.