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380 Victoria Road Malaga WA 6090

  • Industrial / Warehouse
  • 8,435 m²
  • For Sale, Offers Invited closing 6th September 2019

FULLY LEASED INVESTMENT

  • 9.89 Year WALE (on income)*
  • National Anchor Tenant
  • Total site area 15,113sqm*

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.

The property is offered for sale via an Offers Invited campaign closing Friday 6th September 2019 at 4:00pm AEST. For a copy of the information memorandum or to arrange a viewing, please contact the exclusive selling agents.

*approx

Property Highlights

Property ID2015485141
Floor Area8,435 m²
Land Area1.5 ha
EnergyAsk Agent
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Aug 2019
Map for 380 Victoria Road Malaga WA 6090
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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