20 Baling St COCKBURN CENTRAL, WA 6164Sold
SOLD - BY DAVID LIGHTFOOT
Industrial/Warehouse Sold - COCKBURN CENTRAL WA
David Lightfoot is proud to offer to the market this outstanding Leased Investment opportunity suited to Self Managed Super Funds (SMSF) and Property Investment buyers being a tenanted and well located modern industrial property offering an initial Passing Yield of 7%* pa.
– 2,250* sqm land area
– 1,105* sqm warehouse and loading dock area (ground floor)
– 99* sqm reception and amenities area (ground floor)
– 217* sqm office and amenities area (first floor)
– 284* sqm mezzanine area (first floor)
The building features a tiled reception area, high-truss warehouse, loading dock, factory lunch room and male/female amenities including showers on the ground floor plus a modern open plan office, boardroom and office lunch room on first floor. Other notable features include:
– High quality fitout through-out
– Premium data, telecommunications and security
– 7.1m* to 8m* warehouse truss height
– 5 powered roller doors being 3.5m* w x 5m* h
– 3 phase power
– Raised ground floor level providing direct loading bay accesses
– Dual driveway access
– 18 car bays plus paved verge parking area
– Security fencing with powered gates
The property is well located in the Cockburn Central industrial estate being surrounded by modern tilt-up industrial units and just 2.4km* to the Kwinana Freeway on/off ramps, train station plus Cockburn Gateway Shopping City and 22km* and the Fremantle Ports container terminals or the Perth CBD.
The City of Cockburn advise the land is zoned ‘Mixed Business’ under the TPS3 and ‘Industry’ under the MRS, being suitable for a wide range of commercial and industrial uses.
– Initial Term: 7 years commenced 1 May 2015
– Option Terms: 3 options of 5 years each
– Current Net Rent: $175,000 pa
– Rent Reviews: market rent 1 May 2017 then greater of CPI or 4% pa fixed annually each year after
– Outgoings: paid by tenant
– Initial Passing Yield: 7%* pa
For more information or to view the property please contact:
0499 888 123
David Lightfoot specialises in Commercial & Industrial Property providing services in Sales & Leasing, Property Management and Finance.
Licensee: Josio Pty Ltd (Licence No: 71266) t/as Sovereign Property Solutions (ABN 28 606 121 644) of 131 Scarborough Beach Road, Mt Hawthorn, WA 6016, Ph: (08) 9444 6706
- Floor Area is 1705 m²
- 18 Car Spaces