BEGIN:VCALENDAR
PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN
VERSION:2.0
BEGIN:VEVENT
DESCRIPTION:FULLY LEASED GLOBAL HEADQUARTERS OFFICE\, LABORATORY\, WAREHOUS
 E INVESTMENT!\nCushman & Wakefield's Investment Sales and Logistics & Indu
 strial teams WA are pleased to present a significant 7\,419 sqm* corner si
 te comprising two interconnected freestanding buildings providing approxim
 ately 6\,032sqm* of office\, laboratory\, warehouse\, storage accommodatio
 n\, plus a popular café\, and 148 car bays. \n\nThis high quality fully l
 eased suburban investment offers immediate cash-flow certainty and long-te
 rm income security\, underpinned by a long-dated WALE and internationally 
 backed ASX 200 listed tenant covenant IMDEX Limited.\n\nIMDEX Ltd occupies
  5\,791sqm* and uses the property as its global headquarters\, incorporati
 ng corporate offices\, specialised laboratories\, warehouse accommodation\
 , and a global network operating centre\, operating across more than 40 co
 untries. The IMDEX Ltd lease runs until August 2030 with two further three
 -year options and fixed annual rental increases of 3% with an income of $1
 \,277\,452pa*.\n\nThe property includes PC2-rated laboratory space\, a hig
 h-clearance warehouse with a 5.5-tonne gantry crane and IMDEX's global net
 work operating centre\, alongside high-quality corporate accommodation and
  staff amenities including an expansive 313sqm balcony overlooking Richard
  Guelfi Reserve. \n\nThe asset underwent a $2.42 million refurbishment in 
 2024\, including technology and amenity upgrades\, expanded end-of-trip fa
 cilities\, EV charging\, upgraded wet areas\, new flooring\, and improveme
 nts to the building's air-conditioning systems. Solar capacity has been ex
 panded to 300kW across the two buildings\, which currently achieve a 4.5-s
 tar NABERS Rating with an expected increase after 6 months of system perfo
 rmance.\n\nUrban Kitchen Café occupies a prime corner position of 113sqm 
 plus outdoor terrace area capturing a strong local audience with an income
  of $35\,546pa*. \n\nPositioned on the corner of Balcatta Road and Natalie
  Way\, the property has approximately 65 metres of frontage to Balcatta Ro
 ad and more than 70 metres to Natalie Way. Its location provides access to
  the Mitchell Freeway\, Reid Highway and Wanneroo Road\, connecting the pr
 operty with the Perth CBD\, airport and major northern industrial precinct
 s.\n\nThis is far more than a conventional office and warehouse asset. The
  facility has been purpose-built around the operational requirements of a 
 global mining technology business\, with significant capital invested in s
 pecialised infrastructure and improvements over time. With a market shorta
 ge of comparable\, high-quality suburban stock\, 216 Balcatta Road\, prese
 nts a highly compelling investment opportunity boasting a modern refurbish
 ed asset with a high-quality tenant covenant\, secure income and future ve
 rsatility!\n\nApproximate*\n\nFor Sale by Expressions of Interest campaign
  closing Wednesday\, 17th September 2026 at 2pm (AWST).\n\nFor further inf
 ormation or to arrange an inspection please contact the exclusive agents:\
 n\nNick Charlton M: 0467 399 681\nBen Younger M: 0410 533 679\nRoss Palfra
 man: 0421 748 874\nNick Goodridge: 0421 812 159
DTEND:20260917T140000
DTSTAMP:20260819T074235Z
DTSTART:20260917T140000
LOCATION:
SEQUENCE:0
SUMMARY:Expression Of Interest: 216 Balcatta Road\, Balcatta WA
UID:CRE-2021084775-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>FULLY LEASED GLOBAL HEADQUARTERS OFFI
 CE\, LABORATORY\, WAREHOUSE INVESTMENT! <br/> Cushman & Wakefield's Invest
 ment Sales and Logistics & Industrial teams WA are pleased to present a si
 gnificant 7\,419 sqm* corner site comprising two interconnected freestandi
 ng buildings providing approximately 6\,032sqm* of office\, laboratory\, w
 arehouse\, storage accommodation\, plus a popular café\, and 148 car bays
 .  <br/>  <br/> This high quality fully leased suburban investment offers 
 immediate cash-flow certainty and long-term income security\, underpinned 
 by a long-dated WALE and internationally backed ASX 200 listed tenant cove
 nant IMDEX Limited. <br/>  <br/> IMDEX Ltd occupies 5\,791sqm* and uses th
 e property as its global headquarters\, incorporating corporate offices\, 
 specialised laboratories\, warehouse accommodation\, and a global network 
 operating centre\, operating across more than 40 countries. The IMDEX Ltd 
 lease runs until August 2030 with two further three-year options and fixed
  annual rental increases of 3% with an income of $1\,277\,452pa*. <br/>  <
 br/> The property includes PC2-rated laboratory space\, a high-clearance w
 arehouse with a 5.5-tonne gantry crane and IMDEX's global network operatin
 g centre\, alongside high-quality corporate accommodation and staff amenit
 ies including an expansive 313sqm balcony overlooking Richard Guelfi Reser
 ve.  <br/>  <br/> The asset underwent a $2.42 million refurbishment in 202
 4\, including technology and amenity upgrades\, expanded end-of-trip facil
 ities\, EV charging\, upgraded wet areas\, new flooring\, and improvements
  to the building's air-conditioning systems. Solar capacity has been expan
 ded to 300kW across the two buildings\, which currently achieve a 4.5-star
  NABERS Rating with an expected increase after 6 months of system performa
 nce. <br/>  <br/> Urban Kitchen Café occupies a prime corner position of 
 113sqm plus outdoor terrace area capturing a strong local audience with an
  income of $35\,546pa*.  <br/>  <br/> Positioned on the corner of Balcatta
  Road and Natalie Way\, the property has approximately 65 metres of fronta
 ge to Balcatta Road and more than 70 metres to Natalie Way. Its location p
 rovides access to the Mitchell Freeway\, Reid Highway and Wanneroo Road\, 
 connecting the property with the Perth CBD\, airport and major northern in
 dustrial precincts. <br/>  <br/> This is far more than a conventional offi
 ce and warehouse asset. The facility has been purpose-built around the ope
 rational requirements of a global mining technology business\, with signif
 icant capital invested in specialised infrastructure and improvements over
  time. With a market shortage of comparable\, high-quality suburban stock\
 , 216 Balcatta Road\, presents a highly compelling investment opportunity 
 boasting a modern refurbished asset with a high-quality tenant covenant\, 
 secure income and future versatility! <br/>  <br/> Approximate* <br/>  <br
 /> For Sale by Expressions of Interest campaign closing Wednesday\, 17th S
 eptember 2026 at 2pm (AWST). <br/>  <br/> For further information or to ar
 range an inspection please contact the exclusive agents: <br/>  <br/> Nick
  Charlton M: 0467 399 681 <br/> Ben Younger M: 0410 533 679 <br/> Ross Pal
 framan: 0421 748 874 <br/> Nick Goodridge: 0421 812 159</P></body></html>
END:VEVENT
END:VCALENDAR
