150 Quill Way,
Henderson, WA 6166

Colliers International is pleased to present this outstanding, institutional grade industrial facility for sale via an Expressions of Interest campaign.

150 Quill Way is home to publicly listed engineering company, Matrix Composites and Engineering Ltd. Matrix developed this state of the art facility in 2010 to the highest standard.

Improvements comprise:
• 5 high truss workshops and warehouses of a total area 17,185 square metres
• Premium office and amenities over two levels: 2,310 square metres
• Separate Dangerous goods storage facility: 1,090 square metres

Ground lease:
150 Quill Way, Henderson is secured by a ground lease from WA Land Authority.

Key components of this lease are:
• Current Term: 35 years (expiry date 2044)
• Option term: 35 years
• Current rent: $882,264 net
• Rent reviews: Annually to CPI, with market reviews every 5 years

Matrix lease:
Initial term: 20 years with 5 year option
Initial rent: $2,460,000

Key features:
• 20 year lease with 5 year option to Matrix Composites & Engineering Ltd
• 35 year ground lease with 35 year option from WA Land Authority
• 8.4 hectare site
• Over 20,000 square metres A grade improvements
• 0-star NABERS Energy rating
• Growing defence and marine engineering zone - Australian Marine Complex

We commend this outstanding industrial facility, built to the highest standard and located in an emerging resource industry location. The long term lease and public company covenant make this an unique opportunity.