Entry-Level Industrial Investment Leased to National Tyre & Auto Tenant | New 5 Year Net Lease to 2028

6 Close Way , West Kalgoorlie WA

Property Highlights

1 x 5 year option to 2033
Fixed 4% annual increases
1,470qm* landholding
Register to Bid

Description

Burgess Rawson is pleased to offer to the market Tradefaire International Kalgoorlie located at 6 Close Way, West Kalgoorlie WA for sale via our Investment Portfolio 167.

The property has the following investment highlights:

+ New five (5) year net lease to Tradefaire International to October 2028
+ One (1) further five (5) year option to October 2033
+ Tradefaire International: leading supplier of superior quality on and off-road tyres, tracks and related technical expertise in the Australasian tyre industry since 1992, with 8+ locations across Australia
+ Landlord-favourable fixed 4% annual rent increases, ensuring future income growth
+ Tenant pays all outgoings including land tax
+ Impressive 459sqm* industrial warehouse/office facility with an additional well-maintained 25sqm* demountable office
+ Substantial 1,470sqm* landholding centrally located in Kalgoorlie’s industrial precinct with ample hardstand at the rear of the site
+ Located within immediate proximity of Kalgoorlie’s integral infrastructure including West Kalgoorlie Rail Station (1km*) & Kalgoorlie-Boulder Airport (2km*)
+ Positioned within immediate proximity of the Great Eastern Highway, an integral road network interconnecting the Western Australian mining townships to Metropolitan Perth, with over 10,000* passing vehicles daily^
+ Kalgoorlie: the heart of the prosperous Goldfields region and an integral mining township with a rapidly expanding economy, producing $14.3 billion* in annual economic output^
+ Net Income: $95,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
^ Gap Maps
^^ City of Kalgoorlie-Boulder

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
1,470 SQM
Building Area
484 SQM

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