6 Panizza Way Newman WA 6753

Tightly Held Industrial Property

Industrial property in Newman is becoming rare, don't miss the opportunity to secure a prime industrial site in the heart of the action that offers high net returns for an investor or perhaps a company with an eye to the future to owner occupy!

Either way the property is currently leased to a strong local company with a great history in Newman. The current lease in place to 2025 with a 2 year option taking the lease to 2027 and offers high net returns in the vicinity of 10% to an investor.

The property itself has a front demountable office, large workshop with high truss roof and dual roller door access, separate open workshop area, large hoist area covered by shade sails and large concrete wash down bay.

Further property details:

- Land Area 2014 m2
- Main workshop approx. 360 m2
- Open rear workshop approx. 150 m2
- Demountable office approx. 30 m2
- Concrete wash bay approx. 150 m2
- Open hoist workshop area with shade sail structure
- Excellent facilities
- Lunch room and ablutions with shower
- Plenty of parking in yard or verge side

Confidential lease details are available on request but the property offers a very high income level, net return and potential lease through to 2027!

For further information and inspection contact Dave Rowe 0400 313 566

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision.