sold

There is an opportunity for investors or future occupiers to acquire ONE OR BOTH of these office warehouse units, situated in an neat and tidy 8 unit development in Malaga, approximately 12kms north of the Perth CBD.

Unit 5, situated in the middle of the development comprises a clear span warehouse with a truss height of approximately 5.5m with a recently refurbished internal office and amenities including toilet & shower.

Unit 8, situated to the rear of the development and comprises an office warehouse unit with clear span warehouse and truss height of approximately 5.5m with amenities including toilet & shower. There is an exclusive yard adjoining the unit that is currently enclosed as an office.

PROPERTY ATTRIBUTES
• Leased Investment with national tenant Welling & Crossley Pty Ltd
• Prominent northern/core industrial location
• Quality improvements across two units
- Unit 5: 200sqm strata area
- Unit 8: 265sqm strata area

TENANACY PROFILE
• Tenant: Welling & Crossley Pty Ltd
• Lease Expiry: 28 February 2025, no further options
• Total Net passing income of $70,523 pa
- Unit 5: $30,529.91 pa + GST + O/G
- Unit 8: $39,993.76 pa + GST + O/G

The properties are being offered for sale via property treaty with a price guide;
•Unit 5: $485,000 as a going concern.
•Unit 8: $565,000 as a going concern.
•U5&8 (In One-line): $1,025,000 as a going concern.