Secure International Blue Chip Investment
41 Kayili Road, West Kalgoorlie WA
Property Highlights
Description
+ Expansive 10,017sqm site with double street frontage to Kayili Road and Yulpari Road and 500m from the Great Eastern Highway.
+ New 10 year head lease to Weir Minerals Australia Pty Ltd to 2030 with an option to 2035.
+ Tenant pays 100% of outgoings as per lease.
+ Annual CPI rent reviews capped at 4%.
+ Brand new building, constructed late 2020 and consists of 2,057sqm of Workshop / Storage, 130sqm mezzanine storage, 533 office with a total NLA 2,720sqm.
+ WEIR – multinational engineering company listed on the London Stock Exchange with a market cap of £4.67 Billion GBP and employs over 11,500 people in over 50 countries serving mining, infrastructure and oil and gas markets.
+ Kalgoorlie – Located 595km East Northeast of Perth in Western Australia, with a population of over 30,000 and one of the most resource rich areas in the world with a vast mineral base of gold, nickel, lithium and iron ore.
+ Net income; $544,487pa + GST
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 16 December 2021
Hilton, Brisbane
Co-Agent
Gilmore Advisory
Marcus Gilmore
0407 371 275
marcus@mlgrealty.com.au
Property Details