380 Victoria Road is a fully leased investment property with two new 10-year leases, located in the heart of the highly sought-after industrial precinct of Malaga.
The property is improved with some 8,435sqm* of office/warehouse improvements situated on a 1.51Ha landholding, within proximity to the recently upgraded Reid/Tonkin Highway intersection.
This is a fantastic long-term investment opportunity with attractive rental increases and future re-positioning or subdivision potential.
KEY FEATURES:
Improvements: 8,435sqm*
Land Area: 15,113sqm*
100 metre* frontage to Victoria Road
National tenant
Established Industrial Area
Proximity to Malaga Drive and Reid/Tonkin Highways
Dual Crossovers
Wash Bay (under construction)
Hardstand laydown
Multiple Tenant Diversity
Zoned "General Industrial"
13km* to Perth CBD
15km* to Perth Airport
LEASE SUMMARY
Anchored by Kresta Holdings Limited
WALE of 9.89 Years* (on income)
Combined net income of $599,590 pa
This investment benefits from a strong lease covenant, attractive rental increases and is underpinned by a well improved significant landholding located within the highly sought-after industrial precinct of Malaga.
For a copy of the information memorandum or to arrange a viewing, please contact the exclusive selling agents.
*approx