147 Barrington St,
Bibra Lake, WA 6163
Warehouse, Factory & Industrial
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Map of 147 Barrington St
Bus stops within 5 km of 147 Barrington St, Bibra Lake, WA 6163 Distance Yangebup Rd After Spinnaker Hts 734 m Spinnaker Hts After Yangebup Rd 753 m Mainsail Tce Before Spearwood Av 895 m Yangebup Rd After Spearwood Av 908 m Yangebup Rd Before Spearwood Av 959 m POWERED BY HERE ©
POWERED BY HERE ©
Prime WA Industrial Investment Opportunities
- Long WALE Investment Opportunity
- Triple-Net Lease Structure
- A-Grade Lease Covenant
Savills are pleased to present to the market for sale, two investment properties at 147 Barrington Street, Bibra Lake & 2 Thorpe Way, Kwinana Beach.
Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd, wholly owned and secured by Mineral Resources Limited.
Key investment highlights;
• 147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent
• 2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent
• Fully leased to MinRes Properties Pty Ltd
• Leased until 31 December 2034, plus 5 year option
• 3.5% fixed annual increases
• Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
• Triple-net lease structure
*approximate
The properties are being offered individually, or combined, by way of an EOI closing 4pm 23rd October 2024.
For further information or to arrange an inspection, please contact the exclusive selling agents below.
Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd, wholly owned and secured by Mineral Resources Limited.
Key investment highlights;
• 147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent
• 2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent
• Fully leased to MinRes Properties Pty Ltd
• Leased until 31 December 2034, plus 5 year option
• 3.5% fixed annual increases
• Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
• Triple-net lease structure
*approximate
The properties are being offered individually, or combined, by way of an EOI closing 4pm 23rd October 2024.
For further information or to arrange an inspection, please contact the exclusive selling agents below.
Property ID: 504702096Last Updated: 30 Oct 2024
Savills - Perth
Level 7, Westralia Square 2, 143 St Georges TerracePERTH, WA 6000
147 Barrington St
Bibra Lake, WA 6163
Savills - PerthLevel 7, Westralia Square 2, 143 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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