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4/12 Keates Road Armadale, WA 6112

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4/12 Keates Road,
Armadale, WA 6112

Warehouse, Factory & Industrial

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$340,000

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Great Leased Investment with 8.2% Net Return

Fantastic opportunity to invest in a very secure asset with an amazing return and great vendor terms, with a public listed company as the tenant.

* 5 Year Lease + 5 Year Option with CPI and Market rent reviews
* 8.2% Net return with tenant paying all outgoings
* Net Yield of $29,637 per Annum
* 322sqm Lot with 157sqm Floor space
* Recent renovations to kitchen and staff amenities
* Ideally located a stones throw from South Western Hwy
* Recently sealed asphalt driveway and parking to complex

This Late 80's built complex of only 4 Units is located in the heart of the Armadale Industrial Area with easy access to South Western Hwy, Albany Hwy and Tonkin Hwy.
The unit comprises of 91sqm of warehouse, 41sqm of food grade area and 18sqm of office space and staff amenities including kitchen, shower and w/c. Plus front and back storage areas. Total Lot area of 322sqm.
2 x roller doors with approx 3.2m of height, 3 phase power, fresh asphalted driveway and parking and all in a secure complex.

This represents fantastic Land holding value on top of the amazing rental return.
For all Enquiries contact Cam Wilson on 04137370...

Property ID: 504197439Last Updated: 6 Feb 2023

04137370...
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4/12 Keates Road
Armadale, WA 6112
Armadale Real Estate -
20 Forrest Road
ARMADALE, WA 6112

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