We are inviting expressions of interest for an exceptional investment opportunity at 23 Montgomery Way, Malaga. This prime warehouse facility is leased to the well-established Steelmakers Pty Ltd, offering a solid annual return of $360,000 per annum plus outgoings, with excellent potential for future growth.
Key Property Details:
• Tenant: Steelmakers Pty Ltd (reliable steel industry leader)
• Annual Rental Income: $360,000 + outgoings
• Land Area: 7,932 sqm
• Warehouse Area: 3,054 sqm (approx.)
• Lease Term: 3-year lease with two 3-year options
• Lease Start Date: 1st January 2024
• Rent Reviews: CPI adjustments throughout, Market at options
Additional Highlights:
• Prime Industrial Location: The property is situated just 15 km from Perth CBD and 17 km from Perth Airport, offering strategic access to major transport routes.
• Excellent Transport Links: Close proximity to major highways including Reid Highway, Tonkin Highway, and Perth's major freight network, enhancing its logistics potential.
• Significant Infrastructure Investment in the Area: Malaga is experiencing continued growth, with recent and planned infrastructure upgrades further boosting the area's appeal for industrial tenants.
• Location & Market Overview: Situated in the thriving industrial hub of Malaga, this property benefits from strong demand for warehousing and logistics spaces. With excellent accessibility and a growing business environment, Malaga continues to be a sought-after location for industrial investments.
Investment Highlights:
• Stable Income Stream: Steelmakers Pty Ltd, a reliable tenant with a long-standing reputation.
• High Yield Potential: Offering a robust annual rental income of $360,000 plus outgoings.
• Strategic Growth Prospects: Positioned in a rapidly growing industrial precinct, ensuring long-term capital appreciation and rental growth.
This is an outstanding opportunity to secure a high-quality asset in a sought-after location with strong tenant stability and attractive returns.
For further details or to express your interest, please contact us today.
Daniel Saad - 0449 818 187 or daniel@propropertygroup.com.au
Christopher Tana - 0437 158 255 or Christopher@propropertygroup.com.au
