5 & 6/15 Port Kembla Drive Bibra Lake WA 6163

Located on Port Kembla Drive, right in the heart of the Bibra Lake industrial precinct, we are pleased to offer two industrial units for sale, both fully leased 'A' grade tenants. Whether you're looking to invest or hold to occupy in future, these units present an ideal opportunity in a tightly held industrial hub.

Features Include:
Area total 435m² (approx.)
Net Rent $46,508.00 P.A
Workshop area 294m² (Inc Office)
Lessee paid outgoings $19,776.00 P.A
Exclusive yard 141m² (fenced)
Sale Price $850,000 (excl. GST) for the pair (Unit 5 & 6 SOLD TOGETHER ONLY) (NO GST- AS A GOING CONCERN)

Lease terms
Current term 3 years expiring 28 Feb 2026 with 2 options each of 2 years to follow.
Rent Increases are 4% PA in 1 March each year.
Current tenant is Reach Subsea Pty Ltd ( a subsidiary of a international company)
Always pay on time.

Strata plan attached

PLEASE NOTE: units will only be sold together and not split due to the dividing wall being removed

1 office
1 kitchenette
2 toilets

3 garage doors
2 garage doors at the rear with laneway access into fenced off yards
1 front entry from main car park

For more information, to arrange an inspection, or to negotiate terms, please contact us today.