15 Yilgarn Avenue,
Northam, WA 6401
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
Price information
Sold
$1,075,000
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
LAWD
Level 47, North Tower, 80 Collins StreetMELBOURNE, VIC 3000
04567583...
15 Yilgarn Avenue
Northam, WA 6401
Map of 15 Yilgarn Avenue
Turn-Key Investment Opportunity
- Secure nationally recognised tenant
- Reliable return on investment
- Triple net lease
LAWD is pleased to present for sale 15 Yilgarn Avenue, Northam (the Property), situated in the commercial and industrial precinct.
Key Investment Highlights
Unique opportunity to acquire an existing commercial building, offering a reliable return on investment with a long-term and secure nationally recognised tenant.
Encompassing a securely fenced 5,974* square metre freehold title, featuring 143* metres of bitumen road frontage to Yilgarn Avenue.
Benefits from strategic accessibility and connectivity with convenient access to Yilgarn Avenue via York Road providing for B-Double truck access.
In proximity to the Great Eastern Highway, providing a direct link to the eastern Wheatbelt, Perth and surrounding suburbs for efficient logistics.
The Property is developed with a showroom, well-appointed offices, workshops, parts storage and machinery display areas.
Triple net lease providing an incoming purchaser with an immediate cash return per annum ($92,700* plus GST), plus annual rent increases (3%* plus GST).
Initial five-year lease term, beginning 15 February 2023, benefited by a further five-year term, with a market rent review.
15 Yilgarn Avenue is for sale by private treaty with offers from $1,050,000 excluding GST as a going concern.
*Approx
Key Investment Highlights
Unique opportunity to acquire an existing commercial building, offering a reliable return on investment with a long-term and secure nationally recognised tenant.
Encompassing a securely fenced 5,974* square metre freehold title, featuring 143* metres of bitumen road frontage to Yilgarn Avenue.
Benefits from strategic accessibility and connectivity with convenient access to Yilgarn Avenue via York Road providing for B-Double truck access.
In proximity to the Great Eastern Highway, providing a direct link to the eastern Wheatbelt, Perth and surrounding suburbs for efficient logistics.
The Property is developed with a showroom, well-appointed offices, workshops, parts storage and machinery display areas.
Triple net lease providing an incoming purchaser with an immediate cash return per annum ($92,700* plus GST), plus annual rent increases (3%* plus GST).
Initial five-year lease term, beginning 15 February 2023, benefited by a further five-year term, with a market rent review.
15 Yilgarn Avenue is for sale by private treaty with offers from $1,050,000 excluding GST as a going concern.
*Approx
Property ID: 504634548Last Updated: 24 Sep 2024
LAWDLevel 47, North Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000