For Sale by Expressions of Interest closing 4pm AWST 5 June 2023
(Seller reserves the right the seller prior)
This newly built BWS is now for sale, located at the corner of Fifty Road and Baldvis Road (property address 1 Glacier Parade Baldivis).
Situated next to a high-performing McDonalds restaurant and 7-Eleven Service Station, this property provides a highly secure and long-term investment opportunity.
Lease Summary:
Lease commencement: 20 April 2023
Lease Term: 7 + 5 + 5 + 5 + 5 + 5
Rent Reviews: 3% pa
Key Property Features:
• High-profile national tenant
• 1563sqm Green Title landholding
• Brand new construction
• Substantial depreciation benefits
• Prominent corner-located commercial zone
• Surrounded by high-profile national fuel and fast-food tenants
• Dual street pylon signage
• Dual access points
• High growth area
• Long-term lease with fixed rent increases
• Approx. 296sqm GLA
• Covered drive-through approx. 162sqm
• Dual lane drive through
• 10 Car bays
• Tenant pays outgoings*
More information or the IM can be provided upon request - please contact James Priestly.
*Outgoings are excluding management fees.