DFR Commercial are pleased to present to the market this secure investment opportunity showing a 6.5% return on investment with a national tenant 'Smenco Pty Ltd'. Smenco are leading distributors of welding equipment, consumables and associated welding technology boasting offices in Melbourne, Sydney, Brisbane, and Perth.
The property is well located being in the Solomon Industrial Estate in Jandakot with great access to the Kwinana FWY, Roe HWY, Jandakot Airport, Armdale Road and the North Lake Road overpass, this is one property not to miss.
Features Include:
- Total building area 251m2 (approx)
- Small unapproved internal office
- Ample onsite parking
- Good frontage and exposure
- Direct access to roller door from driveway
Lease Details:
- Lease Commenced: 16th May 2020
- Lease Expiry: 15th May 2023
- Further Term: 3 years
- Annual Rental: $27,562.50
- Annual Rental Increases: Fixed Annual Increase
Approximate annual outgoings: Council rates $2,683.15, water rates $1,392.30, strata levies $2,748.04.
Total: $6,832.58
*Information Disclaimer: This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, however clients must make their own independent enquiries and must rely on their own personal judgment about the information included in this document. De Freitas & Ryan provides this document without any express or implied warranty as to its accuracy or currency. Any reliance placed upon this document is at the client's own risk. De Freitas & Ryan accepts no responsibility for the results of any actions taken, or reliance placed upon this document by a client.
