2 x Leased Buildings Totalling 1,604sqm* Opposite Ocean Reef Road!

33 competition way, wangara wa

Price: $2,495,000 (GST - Going Concern)

  • Office/Warehouses of 801 & 803sqm*
  • Rare Flexible Investment Opportunity
  • Leased until April 2019 & 2021

Property Details

Introduction & Location
Burgess Rawson is pleased to offer this outstandingly located property within Landcorps Enterprise Park, Wangara and being directly opposite Ocean Reef Road. The Wangara area is one of Perth’s busiest industrial areas. It is situated approximately 19km north of Perth CBD and 9 km from Joondlaup City Centre. It has a wide range of warehouses and industrial services and is also a major car yard precinct in the northern suburbs of Perth.

Features
-100% leased with 2 independent tenants
- Estimated income of $149,800pa + Outgoings + GST
- Dual crossovers with sliding gate access
- Concrete paved parking
- 8 metre plus concrete panel height
- Situated on a wide frontage lot of 2,746sqm*
- Above standard size roller doors 5m x 6m
- Windows overlooking warehouse from office
- Generous sized lunch room facilitates
- Ducted reverse cycle air-conditioning
- Shower facilities in each building
- Alarm systems
- Top location opposite Ocean Reef Road

Improvements
The property comprises two office/warehouse/factory buildings constructed in 2016 with the following approximate areas:

Unit 1
Office Ground 82sqm*
Office First Floor 82sqm*
Warehouse/Factory 639sqm*
Total 803sqm*

Unit 2
Office Ground 82sqm*
Office First Floor 82sqm*
Warehouse/Factory 637sqm*
Total 801sqm*

Zoning
The City of Wanneroo advise that the property is zoned ‘General Industrial’ under their current town planning scheme.

Land Details
Frontage to Competition Way 46.78metres*
Land Area 2,746sqm*

Tenancy Details
The property is sold with a lease to Megabeast Enterprises Pty Ltd until April 2021 and Right2Drive Pty Ltd until April 2019 at a total rental of $149,800pa* plus Outgoings & GST.

Asking Price
$2,495,000 (GST - Going Concern)

For further information or to arrange an inspection, please contact the Selling Agents Chad Henville & Ben Flanagan.

*Approx

Featured Details

Current Tenant Tenanted
Gross Building Area 1604 sqm
Land Size 2,746 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: WA012027

Thank you for showing interest in us.

Contact Details

Office Details

Level 10, 225 St Georges Terrace Perth WA 6000

T 08 9288 0288 E perth@burgessrawson.com.au

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