16 Sustainable Avenue Bibra Lake WA 6163

JLL is excited to offer for sale 15/16 Sustainable Avenue Bibra Lake, which comprises a fully leased, high quality office/warehouse facility accompanied with secured yard area. Affordable industrial investment opportunities are rare in the current market given the performance of the industrial sector over the course of the last 18 months, making this investment opportunity even more attractive.

The property is strategically located in the established core sub-market of Bibra Lake and provides excellent connectivity to major arterial road networks and the established commercial and residential corridors south of Perth.

100% leased to a long standing tenant, the facility offers the following key attributes:

- 331sqm* Strata Building Area with secure exclusive yard area
- Sold as a going concern being 100% leased to long standing tenant
- Zoned "Industry" under the City of Cockburn
- High Clearance Warehouse in well maintained complex

A summary of the lease in place is as follows:

- Current passing net rent of $38,065 + GST and outgoings
- Lease Expiry: 31 March 2023
- Passing rent equivalent to current market rent for the facility