11 & 15 Abrams Street,
Balcatta, WA 6021

- 15 year lease back to wholly owned subsidiary of an ASX listed company
- Long Bank Guarantee
- Prime land holding 1.188 hectares
- Corner location
- Two separate buildings (5,354sqm approx)
- Inner city industrial location
- Blue chip land holding
- Two separate titles

Introduction:
Burgess Rawson are pleased to offer for sale by Private Treaty this unique large industrial land holding with two street frontages with a lease back to Orbital Australia Pty Ltd (wholly owned subsidiary of Orbital Corporation Limited).

Legal Description:
Lot 2 on Diagram 100479 and Lot 85 on Plan 12342, more particularly described on Certificate of Title Volumes 2199 & 1496 Folios 572 & 602.

Building Area:

11 Abrams Street
Office 376 sqm approx
First Floor Office 864 sqm approx
Factory/Warehouse 1,738 sqm approx
Total 2,978 sqm approx

15 Abrams Street
Office 352 sqm approx
Factory 2,023 sqm approx
Total 2,375 sqm approx

Lease to Orbital:
15 year lease back term
$745,000 pa net rental approx

Bank Guarantee:
Orbital will offer a six month rent bank guarantee.

Land Details (both lots):
Frontage Abrams Street 69.11 metres
Frontage Whipple Street 131.05 metres
Truncation 14.15 metres
Land Area 1.188 hectares

Sale Conditions:
The property is offered for sale by ‘Offers Invited' closing 12.00 noon (WST) Wednesday, 15 September 2010. Offer documentation is available from the selling agent. Offers are to be lodged in the tender box at the office of Burgess Rawson (WA) Pty Ltd, Level 7, 221 St Georges Terrace, Perth before the closing time.

Closing Time:
12.00 noon (WST) Wednesday, 15 September 2010.

Goods & Services Tax:
The sellers are registered for GST and the buyers will be required to pay the sellers GST liability at settlement.

For further details please contact

Chad Henville
0413 116 8...
chenville@burgessrawson.com.au

Andrew McKerracher
0411 611 9...
amckerracher@burgessrawson.com.au