178 Railway Parade,
Bassendean, WA 6054

Warehouse, Factory & Industrial

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MAJOR INDUSTRIAL INVESTMENT

Knight Frank as exclusive selling agents are pleased to offer for sale 178 Railway Parade, corner Jackson Street, Bassendean.

The property represents a quality long term and secure investment, the value of which is underpinned by a large corner landholding of some 3.04ha and secure cash flow to a multinational tenant.

INVESTMENT HIGHLIGHTS
• 10 year lease to multinational Royal Wolf Trading Australia Ltd due for expiry 24 June 2025.
• Current net passing rent of $936,866pa* with annual increases of 3.5%.
• Value underpinned by corner 3.04ha site in premier industrial location supported by key infrastructure.
• Near new buildings with workshop of 2,200sqm office of 383sqm.
• Located on prominent road in rejuvenated industrial location opposite Ashfield Train Station.
• General Industry zoning.

For more information or to arrange an inspection contact Jarrad Grierson on 0413 242 240 or Geoff Thomson on 0407 245 8....

Property ID: 502848142Last Updated: 3 Dec 2019

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