Knight Frank is pleased to offer to the market for sale a securely leased industrial investment providing strong income until 2026.
Investment Highlights:
9.4 yr. lease to South Pacific Laundry (WALE)
(National supplier with 4 branches across Australia)
$360,500 pa net income
3.0% fixed annual increases
Near new buildings constructed in 2014
Substantial improvements 3,454 sqm
Large regular site area 6,743 sqm
Location:
Located in the industrial precinct of Maddington some 20 kilometres east of the Perth CBD and 6 kms south east of the Perth International airport., Maddington has easy access to major transport routes such as Tonkin Hwy & Roe Hwy.
Improvements:
Constructed in 2014 a clear span architectural designed concrete panel building with 9 metre truss height,2 level modern offices, fully air conditioned, board room, lunchroom, loading docks, and secure hardstand.
The facility has been upgraded with substantial services such as high power, high flow gas, water and sewerage connections.
The investment opportunity is being offered for sale by Offers to Purchase.