119 Ewing Street Welshpool WA 6106

Net income of $195,000 p.a. + GST
1,689 sqm GLA on 2,739 sqm site
Blue Chip Industrial Location

Located In the heart of the highly sought-after Welshpool industrial precinct, 119 Ewing Street presents the opportunity to purchase a function office/warehouse underpinned by a long-term lease to a national tenant Rise Distributors Pty Ltd.

Improvements comprise a circa 2000 built functional office/warehouse totaling some 1,689 sqm of GLA positioned on a 2,739 sqm rectangular shaped site. Construction comprises concrete tilt pre-cast panels with a steel frame and metal clad roof.

Key Features
Building Improvements: 1,689sqm
Site Area: 2,739sqm
Zoned "General Industry"
Blue chip industrial location
High voltage solar panel system
Proximity to Welshpool Road and Leach Highway
10km to Perth CBD
7km* to Perth Airport
Estimated outgoings: $55,000 per annum

Lease Summary
Fully Leased to Rise Distributors Pty Ltd
Passing Income of $195,000 p.a. + Outgoings + GST
Lease Term: 8 Years
Commencement Date: Upon Settlement
Option period: 4 Years
Rent Reviews: CPI annually (capped at 2.5%) with a market review at year 5 and option commencement

The property is offered for sale via a Request for Offers campaign closing Thursday 9th December 2021 at 4pm AWST.