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28-30 Panton Road Greenfields, WA 6210

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28-30 Panton Road,
Greenfields, WA 6210

Warehouse, Factory & Industrial

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Expressions of Interest Closing Friday 4pm on 14th November 2014.

28-30 Panton Rd, Greenfields
New 5year lease with 5+ 5 year options
Approximately $135,000 net per annum .
The subject property is a well presented large industrial property with a high truss metalclad Factory/Warehouse building and large apron of hardstand.

The total land area is 4124m2 and having a 75 metre frontage to Panton Road.
The land is zoned Industry under the Latest Town Planning Scheme with the City of Mandurah.

The new lease will be a 5 year lease with 2 x 5 year options.
The lease on the property has been set at $135,000 net with the lease to pay normal outgoings and GST.
The approximate basis for the rent calculation were
Approximately 120m2 of Office Showroom at $100/m2 = $12,000
Approximately 1140m2 of Factory/Warehouse at $80/m2 = $91,000
Approximately 1600m2 of extra hardstand at $20/m2 = $32,000
TOTAL RENT $135,000
Note all areas quoted above are subject to final survey but rent will remain at the set $135,000 plus GST plus Outgoings.
It is expected some offers will be on the basis the existing gantry crane remains the property of the existing lease but ownership will revert to the property owner upon the completion of lease or existing lessee vacating the premises.
The annual rent reviews will be set at 3% increases including for years of option exercise.

The property is situated in Greenfields the premium industrial locale within the Peel Region.

Contact Peter Vetten the commercial real estate specialist in Mandurah with Local Knowledge, National Strength.

Property ID: 501401247Last Updated: 10 Dec 2014

04035844...
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28-30 Panton Road
Greenfields, WA 6210
Raine & Horne - Mandurah
Shop 3, 12 Sutton Street
MANDURAH, WA 6210
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