37 Paramount Drive,
Wangara, WA 6065

Warehouse, Factory & Industrial

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PARAMOUNT INVESTMENT OPPORTUNITY

Annual return: 7.3% pa
Multi-national tenant
Dual crossovers

37 Paramount Drive, Wangara is fully leased to a multi-national tenant until 4th June 2021, representing a unique investment opportunity that will not last. Located within the established industrial precinct of Wangara this well-presented facility features functional office space, clean and well maintained workshop and dual crossovers.

KEY FEATURES:
• Office: 396sqm*
• Workshop: 1,336sqm*
• Hardstand: 500sqm*
• 7.3% annual return
• Proximity to Hartman Drive and Ocean Reef Road
• Functional office/workshop improvements
• Hardstand laydown

LEASE SUMMARY
• Lessee: Pentair Flow Control Pacific (Int company)
• Lease Term: Expires 4th June 2021 + 5-year option
• Annual Rent: $207,344.07pa + outgoings and GST
• Reviews: CPI from 2018-2020 - Market in 2021

To make the most of this rare investment opportunity, please contact one of the exclusive selling agents.

*approx

Property ID: 502842594Last Updated: 12 Dec 2022

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