sold

• Land Area: 6,061sqm
• Zoning: Industry
• Fully Leased Investment

MLV as exclusive agents are pleased to present to market the high yielding, high profile Lot 387 Mandurah Road, Kwinana Beach. Situated in an ideal corner location, the premises is within the Industrial location of Kwinana Beach, some 42 km's south of the Perth CBD and 33km 's south of Fremantle Port. Represented is an excellent opportunity to purchase a leased investment in a growing industrial corridor.

Lease Highlights:

• Passing Rental $184,500 plus GST and Outgoings
• 10 Year Lease from 1st February 2021
• Fully Leased to State-Wide Tenant (Vibe Petroleum)
• Two, Five (5) Year Options
• Manless fuel station
• Annual 2.5% increases ensuring rental growth
• Market Review at every option

MLV are selling the premises via an Expressions of Interest campaign, closing 5:00pm (AWST) Friday 25th August 2023. The seller reserves the right to sell the premises prior to the closing date should an acceptable offer be presented. We recommend all Buyers act with haste as this opportunity will receive significant interest. For further information please contact the exclusive selling agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952