Knight Frank and Savills, as joint selling agents, are delighted to offer for sale, 100 Chisholm Crescent, Kewdale via an Offers to Purchase Campaign.
The property represents a quality long term investment underpinned by a large landholding and secure cash flow with potential for capital growth through future rent reviews and possible re-development.
INVESTMENT HIGHLIGHTS
• 8 Year lease commencing 1 April 2018
• ASX listed tenant with strong balance sheet
• $1.25m Capital works program due for completion in June 2018
• Surplus land for future development or extension of existing workshop
• High exposure location with General Industry Zoning
• Tightly held area in a blue chip industrial precinct
LEASE DETAILS
Lessee: Austin Engineering Ltd
Term: 8 years
Lease Expiry: 31 March 2026
Rent: $1,014,000pa + GST
Rent Reviews: 3% annually
AREAS
Land Area: 3.25ha
Main Office: 1,027sqm
Main Warehouse: 6,936 sqm
Warehouse Workshop: 270 sqm
Warehouse Office: 192 sqm
For more information or to arrange an inspection contact the exclusive selling agents.
