24 Farrall Road Midvale WA 6056

Income Producing Asset.

Located in what is known as the Midvale Business Centre or Midvale Light Industrial Area, this property offers a distinct advantage with its exposure to Farrall Road, the premises provides for fantastic sign opportunities to the high traffic count of this location.

This is a stand alone building and offers tenants the benefits of a good yard space with access via three roller doors, high truss and is just a short walk to the bus stop for staff members.

CURENT TENANT
* Originally the site was occupied by the business known today as Rudd Industrial since approx. 1983
* Current term expires 31st Oct 2026
* One further option of 5 years in the lease from 1st Nov 2026 - 31 Oct 2031
* Land approx. 1,019 sqm
* Building approx. 430 sqm (base building)
* Annual Rent Reviews: 1st November each year
* Current Rent $52,000 PA plus Outgoings & GST

For full details re this site including 3D Tours and Information Memorandum (IM) please contact Cambell Giles.

SALES CONTRACT

This property is offered via Set Date Sale - Closing 24 November 2021 at 2pm AWST

All offers WILL be presented on the 24th November 2021