105 Winton Road,
Joondalup, WA 6027
Warehouse, Factory & Industrial
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Map of 105 Winton Road
Securely leased investment - Includes 10 year lease to Department of Defence
- 10 year lease to army
- 7.8 year WALE
- Two long term tenants
105 Winton Rd is strategically situated in close proximity to Shenton Ave and the Mitchell Freeway on ramps making it highly attractive to tenants from a logistical perspective. The large regular shaped 3,751sqm block has been utilised effectively to provide two spacious office / warehouses with excellent street presence, ample parking and vehicle maneuvering areas.
105 Winton Rd ticks many boxes for investors including attributes such as the sizeable green title land holding, functional improvements, spread of risk and new long term leases.
The investment is underpinned by the new 10 year lease to the army who have occupied the property since 1998. Making up 70% of the income, this new commitment provides excellent long term security for investors. Mobile glass currently occupy the remaining improvements and have been at the property since 2002. They are presently on a new 5 year agreement.
Improvements continue to enjoy an element of depreciation with the write off being $14,959 per annum which means there is still more than $239,000 building write off to be claimed as tax deductions in the future.
Contact us today for a more detailed investment summary.
105 Winton Rd ticks many boxes for investors including attributes such as the sizeable green title land holding, functional improvements, spread of risk and new long term leases.
The investment is underpinned by the new 10 year lease to the army who have occupied the property since 1998. Making up 70% of the income, this new commitment provides excellent long term security for investors. Mobile glass currently occupy the remaining improvements and have been at the property since 2002. They are presently on a new 5 year agreement.
Improvements continue to enjoy an element of depreciation with the write off being $14,959 per annum which means there is still more than $239,000 building write off to be claimed as tax deductions in the future.
Contact us today for a more detailed investment summary.
Property ID: 503471410Last Updated: 17 May 2020
105 Winton Road
Joondalup, WA 6027
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