73 Bickely Road Beckenham WA 6107

Large Industrial Land Holding of 5,348 sqm with Holding Income is being offered to the Market For Sale by way of "Offers Invited'

The subject property offers:

• Land area of 5,348 sqm
• Zoned "General Industry" Under the City of Gosnell's Town Planning Scheme No. 6.
• Holding Income of $264,771.80 net pa from ASX listing Downer EDI Works Pty Ltd
• Current lease expires 31 December with a further 1 x 2 year option
• 3% increases apply 01 January 2024 and 01 January 2025 and 2026 (if the options are exercised)
• Whilst there was some old contamination prior to 2007, there has been no further contamination since 2007, accordingly, the
Dept of Environmental Regulation has restricted the land use to that of industrial/commercial use making the land ripe for
redevelopment. All reports available for review.

Current Net Rent: $264,771.80 pa net + GST
Outgoings: $61,777.60 pa + GST - Recovered from the tenants
Available: Now

Contact Jonathan Kilborn or Con Passaris to arrange an inspection..