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37 Paramount Drive
Wangara WA 6065
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Sold on 26 Jun 2018

37 Paramount Drive Wangara WA 6065

  • Factory, Warehouse & Industrial
  • 1,812 m²
  • Sold

PARAMOUNT INVESTMENT OPPORTUNITY

  • Annual return: 7.3% pa
  • Multi-national tenant
  • Dual crossovers

37 Paramount Drive, Wangara is fully leased to a multi-national tenant until 4th June 2021, representing a unique investment opportunity that will not last. Located within the established industrial precinct of Wangara this well-presented facility features functional office space, clean and well maintained workshop and dual crossovers.

KEY FEATURES:
Office: 396sqm*
Workshop: 1,336sqm*
Hardstand: 500sqm*
7.3% annual return
Proximity to Hartman Drive and Ocean Reef Road
Functional office/workshop improvements
Hardstand laydown

LEASE SUMMARY
Lessee: Pentair Flow Control Pacific (Int company)
Lease Term: Expires 4th June 2021 + 5-year option
Annual Rent: $207,344.07pa + outgoings and GST
Reviews: CPI from 2018-2020 - Market in 2021

To make the most of this rare investment opportunity, please contact one of the exclusive selling agents.

*approx

CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold26 Jun 2018
Floor Area1,812 m²
Land Area4,930 m²
Parking61 x Onsite parkings
Property ID2014427872
Category
 Factory, Warehouse & Industrial
Last updated  12 Dec 2022
Map for 37 Paramount Drive Wangara WA 6065

Nearest transport* to 37 Paramount Drive Wangara WA 6065

Bus
Hartman Dr After Prindiville Dr437 m
Hartman Dr Before Prindiville Dr466 m
Conquest Wy After Motivation Dr510 m
Conquest Wy Before Motivation Dr534 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
 *Within a 4km radius
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CBRE Perth
CBRE Perth
Level 25/250 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold26 Jun 2018
Floor Area1,812 m²
Land Area4,930 m²
Parking61 x Onsite parkings
Property ID2014427872
Category
 Factory, Warehouse & Industrial
Last updated  12 Dec 2022

Listed by

CBRE Perth
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08 93200000

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            More about 37 Paramount Drive Wangara WA 6065

            37 Paramount Drive Wangara WA 6065 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 1,812 m² and a land area of 4,930 m². There are 61 x onsite parkings.The listing ID for this property is 2014427872.

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