Knight Frank are pleased to offer 45 Hope Valley Road, Naval Base for sale.
"A unique investment opportunity leased to a global engineering & construction company located within the Naval Base Industrial precinct which is set for undoubted growth due to it's location to the Kwinana Westport Project."
SITE DETAILS.
- 20,791 sqm* total site area
- 1,980 sqm* total building area (excluding canopies)
- 100% leased to SRG Global
- Net Passing Income: $375,000 pa plus outgoings*
The property comprises a combined 20,791 sqm* "General Industry" zoned land holding situated in the heart of the Naval Base industrial precinct. The site is improved with office/workshop improvements totaling some 1,980 sqm* only with the majority of the site being used for hardstand and lay down purposes, the site has further development upside.
The asset offers a secure, long-term income stream underpinned by "SRG Global " a listed company and leader in mining services and construction providing a net passing rent of $375,000 per annum* and a WALE of 5 years (as at 1st April 2022).
The surrounding area is positioned for undoubted gentrification following the development of the $4bn Kwinana Westport infrastructure project. The Westport initiative is set to provide a world-class container port and trade network, making Naval Base a key precinct in Western Australia's future economic prosperity.
Approximates*
- Further development upside only 10% site coverage
- Area set to benefit from major infrastructure upgrades
- Main road exposure
- Corporate Office with workshops and storage sheds
- Minimal short-term capital expenditure requirements
- Good vehicle circulation
CONTACT.
For more details, contact the exclusive sales agents,
Geoff Thomson
Director, Head of Industrial Logistics WA
M +61 407 245 801
geoff.thomson@au.knightfrank.com
