Unit 1 & 2/11 Adams Street, O'CONNOR WA 6163
$1,495,000 (Going Concern)
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INVESTMENT IN THE HEART OF THE O'CONNOR INDUSTRIAL AREA

• Leased Investment
• Tightly held locale
• Close Proximity to Fremantle

Office: 64 sqm
Showroom: 134 sqm
Warehouse: 680 sqm

Total Building: 878 sqm

The improvements comprise a circa 2000 built office warehouse configured for two tenancies.

The office is constructed with concrete floors, concrete tilt walls with a steel frame and metal clad roof. The office area includes floor coverings, window treatments, reverse cycle air conditioning, and direct access to the warehouse. The warehouse accommodation is clear span, with a truss height of approximately 7.0 metres. The warehouse includes a roller door in the front elevation and giving direct access off Adams Street. To the rear of each Unit is yard area that can be utilised for extra storage.

Unit 1
Tenant: Solala Pty Ltd
Term: 3 years
Option: Nil
Rent: $36,400 p.a.
Comm. Date: 1st Feb 2021
Expiry Date: 31st Jan 2024
Rent Reviews: Annually to 4%

Unit 2
Tenant: MFT Contracting
Term: 2 years
Option: 2 years (Option has been exercised)
Rent: $36,467 p.a.
Comm. Date: 1st Sept 2020
Expiry Date: 31st Aug 2022
Rent Reviews: Annually to CPI with a market at the Option

For further information call Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952

Land area Building area
1,250.00 m2 878.00 m2

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