Lot 387 Mandurah Road, KWINANA BEACH WA
SET & FORGET! HIGH YIELDING INVESTMENT OPPORTUNITY WITH 8 YEARS TENURE REMAINING
For Sale | $2,900,000 (Going Concern)
Land Area: 6,061sqm
Zoning: Industry
Fully Leased Investment
MLV as exclusive agents are pleased to present to market the high yielding, high profile Lot 387 Mandurah Road, Kwinana Beach. Situated in an ideal corner location, the premises is within the Industrial location of Kwinana Beach, some 42 km's south of the Perth CBD and 33km 's south of Fremantle Port. Represented is an excellent opportunity to purchase a leased investment in a growing industrial corridor.
Lease highlights:
Passing Rental $184,500 plus GST and Outgoings
10 Year Lease from 1st February 2021
Fully Leased to State-Wide Tenant (Vibe Petroleum)
Two, Five (5) Year Options
Manless fuel station
Annual 2.5% increases ensuring rental growth
Market Review at every option
MLV are selling the premises via an Expressions of Interest campaign. The seller reserves the right to sell the premises prior to the closing date should an acceptable offer be presented. We recommend all Buyers act with haste as this opportunity will receive significant interest. For further information please contact the exclusive selling agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952
CONTACT EXCLUSIVE AGENTS FROM MLV REAL ESTATE
Stefan Quaresimin
0421 929 686
squaresimin@mlv.com.au
David Lamb
0411 597 952
davelamb@mlv.com.au