Sterling Property is proud to present Shop 13, 885 Albany Highway, East Victoria Park - a premium hospitality investment opportunity, fully leased to one of Perth’s most recognised and enduring restaurants, Pancho’s Mexican Restaurant. Occupying a 295sqm* strata lot, the largest in the complex, the property is securely leased to Pancho’s on a new 5-year lease to 2030, with a further 5-year option extending total potential tenure to 2035.
This property boasts one of the most vibrant and immersive fit-outs in the Perth hospitality scene , a character-filled venue that blends neon lighting, rustic brickwork, custom murals, and themed décor to deliver an unforgettable dining experience.
Key Investment Highlights:
• Net Income: $96,000 per annum + GST
• Tenancy Area: 295sqm* – largest in the strata
• Secure Lease: New 5-year term to 2030 + 5-year option to 2035
• Longstanding Tenant: Pancho’s Mexican Restaurant – Operating in East Victoria Park for over 43 years
• Fully fitted and licensed restaurant venue with high-spec interiors
• Prime position within bustling Albany Highway hospitality strip
• Ample customer parking in the complex and nearby
• Strategic inner-city location only 6km* from Perth CBD
Iconic and Unforgettable Fit-out:
The interior of Pancho’s is an experience in itself, colourful murals, custom brickwork, neon signage, and a vibrant collection of Mexican-themed décor, artwork and lighting. The venue’s lively layout includes a feature bar, themed dining areas, bold colour schemes, and atmospheric lighting all contributing to its reputation as one of Perth’s most memorable hospitality venues. Importantly, this highly distinctive fit-out plays a key role in the restaurant’s longevity and continued relevance. In a competitive dining environment, a venue that stands out offers strong customer recall, high repeat visitation and operational resilience. For investors, this contributes to the security of the lease providing confidence in the tenant’s long-term performance and commitment to the location.
Location (East Victoria Park):
Situated just 6km south-east of the Perth CBD, East Victoria Park is a bustling suburban commercial centre that services a large and growing residential population. The Albany Highway strip is renowned for its food and beverage offerings, nightlife and walkable streetscape.
885 Albany Highway is part of a well-established commercial complex home to a mix of food, office and service-based tenants, drawing consistent foot traffic and patronage throughout the day and into the evening.
Nearby amenity includes:
• Aqualife Centre, Victoria Park Train Station, and Balmoral Hotel
• Strong public transport connectivity and arterial road access
• Close proximity to Curtin University and Optus Stadium
• Surrounded by national retailers and local dining favourites
For further details or to arrange an inspection, please contact the Exclusive Selling Agents Denise Chong or Brian Neo.
Remember to mention you found this property on CommercialReady
Sterling Property is proud to present Shop 13, 885 Albany Highway, East Victoria Park - a premium hospitality investment opportunity, fully leased to one of Perth’s most recognised and enduring restaurants, Pancho’s Mexican Restaurant. Occupying a 295sqm* strata lot, the largest in the complex, the property is securely leased to Pancho’s on a new 5-year lease to 2030, with a further 5-year option extending total potential tenure to 2035.
This property boasts one of the most vibrant and immersive fit-outs in the Perth hospitality scene , a character-filled venue that blends neon lighting, rustic brickwork, custom murals, and themed décor to deliver an unforgettable dining experience.
Key Investment Highlights:
• Net Income: $96,000 per annum + GST
• Tenancy Area: 295sqm* – largest in the strata
• Secure Lease: New 5-year term to 2030 + 5-year option to 2035
• Longstanding Tenant: Pancho’s Mexican Restaurant – Operating in East Victoria Park for over 43 years
• Fully fitted and licensed restaurant venue with high-spec interiors
• Prime position within bustling Albany Highway hospitality strip
• Ample customer parking in the complex and nearby
• Strategic inner-city location only 6km* from Perth CBD
Iconic and Unforgettable Fit-out:
The interior of Pancho’s is an experience in itself, colourful murals, custom brickwork, neon signage, and a vibrant collection of Mexican-themed décor, artwork and lighting. The venue’s lively layout includes a feature bar, themed dining areas, bold colour schemes, and atmospheric lighting all contributing to its reputation as one of Perth’s most memorable hospitality venues. Importantly, this highly distinctive fit-out plays a key role in the restaurant’s longevity and continued relevance. In a competitive dining environment, a venue that stands out offers strong customer recall, high repeat visitation and operational resilience. For investors, this contributes to the security of the lease providing confidence in the tenant’s long-term performance and commitment to the location.
Location (East Victoria Park):
Situated just 6km south-east of the Perth CBD, East Victoria Park is a bustling suburban commercial centre that services a large and growing residential population. The Albany Highway strip is renowned for its food and beverage offerings, nightlife and walkable streetscape.
885 Albany Highway is part of a well-established commercial complex home to a mix of food, office and service-based tenants, drawing consistent foot traffic and patronage throughout the day and into the evening.
Nearby amenity includes:
• Aqualife Centre, Victoria Park Train Station, and Balmoral Hotel
• Strong public transport connectivity and arterial road access
• Close proximity to Curtin University and Optus Stadium
• Surrounded by national retailers and local dining favourites
For further details or to arrange an inspection, please contact the Exclusive Selling Agents Denise Chong or Brian Neo.
Remember to mention you found this property on CommercialReady