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Secure 5 Year Net Lease to ASX Listed Tenant

87 Innovation Circuit , Wangara WA

Property Highlights

AMA Group - $1B+ Annual Revenue
5 Year Lease to 2025 + Options to 2035
Tenant pays outgoings incl Land Tax
Register to Bid

Description

+ Secure 5 year lease to 2025, plus options through to 2035
+ Tenant pays all usual outgoings including Land Tax
+ Annual rent reviews
+ AMA Group: ASX listed smash repair giant, $1 billion+ annual revenue, 200+ locations across Australia and New Zealand, 4000+ employees
+ State of the art, immaculate 1,630sqm building, refurbished in 2020 – cost circa $1.5M
+ Essential service asset class
+ 2,960sqm site in strategic location amongst many national retailers including Bunnings
+ Position perfect opposite newly refurbished Reece plumbing with excellent exposure to busy Hartman Drive
+ Wangara: leading established northern Perth industrial suburb, 20 kms from CBD
+ Net Income $262,600 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Automotive
Land Size
2,960 SQM
Building Area
1,630 SQM

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