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38 Crocker Drive Malaga WA 6090

  • Industrial / Warehouse
  • Floor Size12,243 m²
  • PriceFor Lease, $850,000 p.a

Now available For Sale or Lease

  • Leased Investment until 2021
  • Substantial office / warehouse
  • Multiple street frontages

JLL and Savills are pleased to offer the opportunity to purchase or lease one of Malagas largest, functional opportunity with a substantial industrial landholding. Comprising an office, food-grade production compliant warehousing and distribution facility positioned in the tightly held northern corridor industrial market of Malaga.

Secure opportunities, with strong underlying land value and future redevelopment or subdivision potential, have been scarce in the WA industrial sector in 2018. This exciting occupier opportunity allows you the following options:

1. Reap the rewards of strong cash flow, whilst planning for the future occupying, development or subdivision;
2. Purchase the property with vacant possession, and plan your occupancy;
3. Lease the property, and have the Lessor work with you in developing your next facility

With the NorthLink WA project shifting heavy vehicle traffic from Great Northern Highway and past the industrial suburb of Malaga and onwards to Welshpool and Kewdale, the area is set to become more appealing to logistics and transport requirements, making 38 Crocker Drive a functional facility in its current layout, or the ideal platform for a future DC development.

Key attributes include:

Net income $1,185,608 p.a. + GST
Leased until July 2021 or Vacant possession via negotiation
Triple Net Lease
Land area: 2.2131 hectares
Improvements: 12,243sqm
3 street frontage Crocker Dr, Arvida St & Hunt St
Rare, food grade production compliant facility
Future subdivision potential (STCA)

For further details or to arrange an inspection, please contact one of the exclusive agents.

Property Highlights

Property ID12792259
Floor Area12,243 m²
Land Area2.2 ha
ParkingAsk Agent
Building TypeWhole building
Category
Last updated  9 Jul 2019
Map for 38 Crocker Drive Malaga WA 6090
JLL - Perth
Level 29, Central Park 152-158 St Georges Terrace Perth WA 6000

Ask Brett Mathanda about this property

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