Secure 5 Year Net Lease to ASX Listed Tenant

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.

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Contact agents
Raoul Holderhead Partner
0413 860 304
Shaun Venables Partner
0411 860 865
Rob Selid Board of Directors, Commercial Sales & Leasing
0412 198 294
Chad Henville Director, Industrial
0413 116 835
Enquiry Form

Wangara, WA

87 Innovation Circuit

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 146

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