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

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 via Expressions of Interest closing Thursday 11 April at 3pm AEST if not sold prior.

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

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

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Contact agents
Adam Thomas Partner | Managing Director QLD
0418 998 971
Chris Carcione
0415 393 082
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West Kalgoorlie, WA

6 Close Way

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 167

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