Secure International Blue Chip Investment

41 Kayili Road, West Kalgoorlie WA

Property Highlights

Brand new industrial asset
Head lease to Weir
Ten year lease with five year option


+ 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

Gilmore Advisory
Marcus Gilmore
0407 371 275

Property Details

Current Tenant
Occupancy Type
Land Size
10,017 SQM
Building Area
2,720 SQM

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