Description

Strategic multi-unit warehouse Investment 2,428sqm green title landholding Total building area 1,228sqm Fully leased 5 unit complex The Property FirM and Cygnet West as joint exclusive agents are pleased to offer this rare opportunity within the tightly held Bayswater’s industrial precinct. Positioned on a 2,428sqm rectangular landholding, the property offers excellent access to Tonkin Highway, Collier Road and major metropolitan destinations including the Perth Airport, Perth CBD and major industrial hubs. Improvements comprise five high-truss clear span warehouse units measuring between 239sqm-250sqm each. The units featuring 3-phase power, roller door access, kitchenette and toilet facilities. Fully leased on varying terms, this asset delivers a net passing income of approximately $132,284.04 per annum (less management fees), with scope for rental uplift. Key features: • 2,428sqm landholding with 25.93m frontage • Total building area 1,228sqm • Five fully leased warehouse units • High truss clear span design (truss height of 5.1m to 5.8m) • Flexible ‘General Industry’ zoning under City of Bayswater LPS No. 24 • 3-phase power, kitchenette & toilet facilities in each unit • Strategic location just 7.6 km from Perth CBD with excellent connectivity • 20 car bays and secure gated access 13 King Street, Bayswater is offered for sale via “Offers to Purchase”.