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4 Sarich Osborne Park, WA 6017

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4 Sarich,
Osborne Park, WA 6017

Warehouse, Factory & Industrial

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WELL LOCATED INDUSTRIAL PROPERTY

Price - $6,250,000.00 with zero GST sold as a going concern

Location: This is a well located industrial property. Just 6klms north of the Perth CBD close to all freeways and centrally positioned in the
Premium Osborne Park Commercial/Retail Precinct.

Land Area: 5604 Square Metres
Improvements: 2000 square metre warehouse

Zoning: Governed by the City of Stirling and zoned General Industrial.

Income: The net income from the current Lease is $140,000.00 per annum.

Method of Sale: Sale by Private Treaty – Contract for the Sale of Land by Offer & Acceptance.

Site
This site is irregular in shape. The site is level except to the back where the warehouse is located. This area is raised to allow for the loading and unloading of trucks and containers at the docking gates. The site is fully bitumised hardstand and fully fenced.

Improvements
Located on site is a 2000 square metre warehouse with 8 metre plus truss height and three truck height loading docks. These premises are constructed of concrete panelling and metal deck roofing. There is onsite parking for staff.

Lessee
The premises is currently leased to Western Cold Storage Pty Ltd

Lease Commencement Date - 1st February 2007

Lease Term - Three (3) years with a three (3) year optional period.

Rental - The Lessee is currently paying $140,000.00 per annum plus variable outgoings and GST.

Rent Reviews
Rent reviews are annually equal to the Perth Consumer Price Index with a Market review at the exercising of the Optional Period.

Lease
A full copy of the Lease can be made available as a condition of any Offer & Acceptance put forward to the sellers.

Property ID: 5294841Last Updated: 4 Dec 2013

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4 Sarich
Osborne Park, WA 6017
Ron Farris Real Estate Pty Ltd - South Perth
Suite 9, 23 Richardson Street
SOUTH PERTH, WA 6151

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