Does this Tick Your Boxes?

• Long Established Tenant
• Just Starting a New 5 Year Lease
• Nation Wide Company
• Well Over 6 % Return on Investment

Make your move to this brilliant Office Warehouse set up in the heart of Bibra Lake. Very Secure property within a neat group that comes with a well-established thriving business as a tenant.

Well fitted out with neat office off the main entrance with direct access to very functional warehouse and workshop area. All flows to an upper-level office and boardroom area and a bonus mezzanine storage area.

Make no mistake, this type of Investment opportunity at this price point do not come along every day.

The current setup and functionality will future proof any re leasing opportunity that is required. When you walk through you will see the value on offer appreciate the unique Investment Opportunity.

The location is impeccable tucked in behind Bunnings on the corner of Stock Road and Spearwood Ave with quick connection to the Kwinana Freeway going north and south giving you easy access around the Metropolitan area… This easy access to major arterials is only one of the many reasons making this a great buy.

Attributes
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Total Floor Area 308sqm

The building footprint is 211sqm ground floor made up of approx 55sqm of front Office and Staff Amenities and 156sqm of warehouse and small workshop area. On the upper level there is a further 55sqm office and boardroom setup that can be also used as a training room or other multiple uses, further to that on the upper level is a 42sqm mezzanine storage area.
This space is complimented with ample parking and good access to the main roller door.

Features Include
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• Split System Air Conditioning to the office areas
• Evaporative Air Cond to Warehouse area
• ADSL Internet connection to the office
• Disable access W/C.
• Kitchenette with Hot Water System
• Auto Roller door to warehouse with easy access off the street
• Security System providing 24/7 peace of mind
• Auto Security Gates to the front of the development with 24/7 access
• Warehouse Truss height 6 metres allowing pallet racking option
• Led lights in the warehouse
• Clear sheeting to the roof for natural light and insulation.
• Easy access to property from Street for large trucks
• 3 Phase Power outlet to warehouse workshop area
• Close Proximity to major arterial routes and other Industrial Zones

All presented in excellent condition.

Lease Details
5 Year lease starting 1 August 2021 with a 5-year option to extend.
Starting Rent $34,000 PA plus GST and Variable Outgoings
Annual CPI increases built in during the term on the lease and extensions with a market review at the start of the option period.
Current tenant has been established in the property for 10 years.

For more details direct your enquiries to
Torrin Minutillo – 0417 171 164
or email me from this page.

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