Burgess Rawson are pleased to offer to the market the 'Vinnies' located at 15 Antlia Way, Australind WA for sale via Investment Auction Portfolio 172.
The property has the following investment highlights:
+ Long 8 year lease to St. Vincent De Paul Society to December 2029 plus options to 2035.
+ St. Vincent De Paul Society: est. 1833, active in over 150 countries with 628 stores across Australia alone.**
+ Recently built 700sqm* premises with extensive 40m frontage to Antlia Way, incorporating expansive showroom, staff rooms and rear loading.
+ Landmark 1,551sqm* freehold with 22 on-title car parks.
+ Situated in the heart of Australind's bustling large format retail/ industrial precinct, complemented by Salvo's, Supercheap Auto, Bunnings, 7-Eleven, McDonalds, Treendale Shopping Centre and more.
+ Landlord favourable net lease terms with tenant paying all outgoings including land tax.
+ Recent build providing significant tax depreciation benefits.
+ Australind: south-eastern WA growth corridor location, servicing a trade catchment of 102,332 people***** with average median house prices increasing 20%+ in the past 12 months.***
+ Greater Bunbury: forecast population of 150,000 by 2041 and 'economic hub' of the south-west WA region, Gross Regional Product $11.7 billion and $1.7 billion worth of projects in pipeline. ****
+ Net Income: $166,900 pa* + GST
To be sold via Investment Portfolio 172
10:30am (AEDT) Wednesday 30 October
Crown Casino, River Room, Melbourne
Please contact the exclusively appointed agents for further information:
Burgess Rawson
Shaun Venables | 0411 860 865
Romanor Falconer | 0411 860 865
Burgess Rawson WA
Rob Selid | 0412 198 294
Vend Property
Jeff Klopper | 0418 945 759
* Approx
** Vinnies
*** ***
**** Greater Bunbury
*****Deep End Services