16 Franklin Lane Joondalup WA 6027

For Sale: Offers to Purchase Closing Fri 21st May 2021, 4pm WST

• Land Area: 4,109sqm*
• Office: 220sqm*
• Zoned: Joondalup West / Activity Centre

Future development potential
Joondalup Business Park location with strong capital growth prospects
Well located with superior access to the Mitchell Freeway

Lease to BGC Australia Pty Ltd
• Term 5 years
• Lease commencement: 1st April 2021
• Option: 1 x 5 years
• Net rent: $175,000 per annum plus GST
• Rent review: Annual reviews greater of 3% or CPI.
• Market Review at option term capped at 10% increase.
• Security: 6 month gross rent plus GST

For further information or to view the property please contact the Selling Agents.