This is the opportunity you have been waiting for! Now is the time to take advantage of a rare investment opportunity in the premium industrial / commercial location of Osborne Park.
With over 1,950sqm of net lettable area, comprising four self-contained office suites (each with ablutions and kitchen amenities) of between 100sqm and 139sqm each, and three warehouse tenancies of approximately 492sqm, this property provides both security of investment and the prospect of value-adding or redevelopment in the future.
Existing leases are in place in all seven tenancy areas, with performing and well-established tenants at realistic current-market-rates and annual increases to the net rental income, with security bonds/bank guarantees also being held for each tenant.
This property ticks all of the required boxes you would expect from a traditional bricks-and-mortar commercial / industrial investment in the premium northern-suburb location of Osborne Park, about 6kms from the heart of the Perth CBD and right in between two entry / exits to the Mitchel Freeway.
Solid, with no frills, yet still providing security of regular rental income with future redevelopment potential.