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559 Valencia Way Maddington, WA 6109

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559 Valencia Way,
Maddington, WA 6109

Warehouse, Factory & Industrial

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Industrial Investment - Premium Property

Price Reduced to $1,695,000
Income $123,000 per annum Net

We have just reduced the price for a second time down to $1,675,000

Motivated vendors living in the country.

The subject property is a very well located 2627m2 parcel of General Industrial Land in the Maddington Industrial Area with a total building area of 1135m2 that is subdivided into two strata titled lots owned by the same sellers. (refer below). The property is also surrounded by a variety of quality properties as well.

Lot 1 on Strata Plan 35654

: 981m2 of General Industrial Land
: 466m2 of Building consisting of:
: 66m2 of brick office in excellent condition
: 400m2 of predominately metal/colour bond shed (which can also be broken in two sections)

This strata titled lots are accessed via the common driveway ( approx 336m2) that bisects both building as shown on the strata plan.

Lot 2 on Strata Plan 35654
: 1310m2 of General Industrial
: 669m2 of Factory and Offices
: The factory is constructed of Concrete Tilt Panel on the parapet boundaries and metal construction otherwise.
: The offices are approx 60m2 and again in very good condition.

As indicated with the above unit this strata titled lot is also accessed via the common driveway that bisects both building as shown on the strata plan.

Special Notes

Western Power advise that the power to the property is supplied by a 630 KVA Sole use power supply which supplies over 800amps of power to the site. We have not verified this however we know there are very few industrial properties in Perth that have this power supply and the current cost of installation of this amount of supply would exceed $150,000.
The property is well fenced and in addition to the bitumen driveways and car parking spaces also has the bitumen hardstand in the yard areas.

We have mentioned it is well located and it also enjoys very easy access to the Tonkin Highway which then allows feeding to other major transport routes in Western Australia.

The property is currently tenanted by Vanglobe Matrix Australia Pty Ltd a very large national company who pay current rent of $123,000 per annum plus all outgoings.

The current lease expires on 1st July 2014 but the tenants have been at the site for approx 10 years to date.

This is a great investment so contact Mike Dunsmore 04137541... for further information

Property ID: 5831501Last Updated: 5 Dec 2013

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This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
04137541...
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559 Valencia Way
Maddington, WA 6109
O'Neil Real Estate - KELMSCOTT
2925 Albany Highway
KELMSCOTT, WA 6111

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