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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

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Property Highlights

Property ID2014427872
Date Sold26 Jun 2018
Floor Area1,812 m²
Land Area4,930 m²
ParkingAsk Agent
Category
Last updated  10 Oct 2018
Map for 37 Paramount Drive Wangara WA 6065
Map for 37 Paramount Drive Wangara WA 606537 Paramount Drive Wangara WA 6065
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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