Cushman & Wakefield WA acting as exclusive agents, is pleased to present an exceptionally rare opportunity to acquire a high-quality industrial investment located in Western Australia's premier industrial precinct and one of the nation's highest barriers to entry investment markets.
The asset is 100% leased to a subsidiary of Elders Ltd, and offers the following compelling features:
Fully refurbished office and warehouse facility with total GBA of 4,596sqm*
High value, single freehold corner land holding of 8,879sqm* zoned General Industry
5-year WALE to AIRR Pty Ltd, a wholly owned subsidiary of Elders Ltd (as of 1 December 2024).
Net income of $620,000* p.a. (as of 1st December 2024) with 100% occupancy
Fixed rental growth linked to CPI providing a strong running yield
Genuinely rare offering with very few opportunities to secure investment grade product above AUD $5 million in the Perth industrial market, and in particular the eastern industrial corridor
Core eastern location providing fast and efficient access to major arterials connecting to Perth Airport, Fremantle Port, Kewdale Freight Terminal, and all major road networks servicing the Perth metropolitan area.
For further information please contact the exclusive marketing agents.
*Approx.