Modern Total Tools Investment
1964 Beach Road , Malaga WA
Property Highlights
Long 10 Year Lease to 2028 + Options
Guaranteed rental growth
Fixed 3.5% annual rental increases
Description
New 2018 build, significant depreciation allowances
Australia’s largest independent professional tool retailer, 80+ stores
Malaga: premiere industrial suburb just 13 km from Perth CBD
High profile 2,538 sqm site
1,141 sqm high quality building
27 valuable on-site parking spaces
Near Hungry Jack’s, Dulux, Reece Plumbing and Bunnings
Tenant pays outgoings, as per the lease
Net Income: $263,521 pa + GST
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Large Format Retail
Land Size
2,539 SQM
Building Area
1,141 SQM
Price
Contact Agent
Contact Agents