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48 Anderson Street Port Hedland WA 6721

  • Factory, Warehouse & Industrial
  • 646 m²
  • For Sale, Contact Agent

CIRCA 20% RETURN/INDUSTRIAL INVESTMENT

  • Current passing net income of $346,600*
  • Secure multi-national tenant
  • Land area of 2,943sqm*

CBRE is pleased to offer for sale 48 Anderson Street, Port Hedland, WA via Request for Offers.

The offering represents an opportunity to acquire a high yielding regional investment providing strong cash flows and medium term upside off the back of improving market fundamentals.

The property is sold with the benefit of a 10 Year triple net lease expiring May 2024 to multinational company, UGL Limited, with a commencing net income of $346,611 per annum.

The property is improved with workshop, office and hardstand and has the potential to provide ongoing rental cash-flow.

- Current passing rent of $346,611 with annual growth
- Lease expiry of 21 May 2024
- Total site area of 2,943sqm
- Secure multi-national tenant with triple net lease, all outgoings including building maintenance, repairs and capital expenditure paid by tenant
- Close proximity to Port Hedland CBD and Harbour
- Office 1 164sqm*
- Office 2 216sqm*
- Workshop 112sqm*
- Shed 55sqm*
- Canopy 99sqm*
- Hardstand 1,000sqm*

The property is offered for sale via an Request for Offers campaign closing Thursday 1st October 2020 at 4pm AWST.

*approx

Property Highlights

Property ID2016469381
Floor Area646 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 Sep 2020
Map for 48 Anderson Street Port Hedland WA 6721
Map for 48 Anderson Street Port Hedland WA 672148 Anderson Street Port Hedland WA 6721
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000

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