64 Cocos Drive,
Bibra Lake, WA 6163

PROPERTY DETAILS:

LOCATED IN THE VIBRANT INDUSTRIAL AREA OF BIBRA LAKE THIS GREEN TITLE PROPERTY IS LEASED TO JODNA PTY LTD TRADING AS GOLD LEAF ENTERPRISES AN AUSTRALIAN OWNED & OPERATED COMPANY, ESTABLISHED IN 1989 TO DEVELOP & MANUFACTURE A SPECTRUM OF SPECIALTY CHEMICAL PRODUCTS FOR AUTOMATIVE, INDUSTRIAL, COMMERCIAL, AGRICULTURAL AND DOMESTIC USE. VISIT WWW.CHEMSOL.COM.AU FOR FURTHER DETAILED INFORMATION.


IMPROVEMENTS:

A PRESTIGIOUS STAND ALONE BUILDING OF 1,412SQUARE METRES (APPROX) COMPRISING 1,259 SQUARE METRES (APPROX) WAREHOUSE WITH 7 METRE TRUSS HEIGHT, 3 LARGE ROLLER DOORS, 3 PHASE POWER, AMPLE HIGH BAY AND NATURAL LIGHTING PROVIDED WITH EXCELLENT STAFF AMENITIES. THE OFFICE AND CONVENIENCES WITH AN AREA OF 153SQUARE METRES (APPROX) IS FULLY AIR CONDITIONED AND IS COMPRISED OF RECEPTION, 3 LARGE OFFICES ONE OF WHICH IS UTILISED AS A LABORATORY WITH SINK, SHOWER AND WC, A MEETING ROOM AND LUNCH ROOM.


LAND DETAILS:

TOTAL LAND AREA 3396 SQUARE METRES
FRONTAGE TO COCOS DRIVE 39.03 METRES


LEGAL DESCRIPTION:

LOT 208 ON PLAN 23173 & CONTAINED IN CERTIFICATE OF TITLE VOLUME 2155 & FOLIO 676 (PLEASE NOTE ENCUMBRANCES ON TITLE ATTACHED)


ZONING:

ZONED LIGHT & SERVICE INDUSTRY UNDER CITY OF COCKBURN TOWN PLANNING SCHEME 3.


TENANCY DETAILS:

LESSEE: JODNA PTY LTD AS TRUSTEE FOR THE J&D FAMILY TRUST AND THE NATHAN HAWKESFORD FAMILY TRUST
LEASE TERM: 3 YEARS
COMMENCMENT DATE: 1ST FEBRUARY 2009
LEASE EXPIRY: 31ST JANUARY 2012
OPTION PERIOD: FOUR 3 YEAR OPTIONS
CURRENT NET RENTAL: $132,000.00 PER ANNUM PLUS GST
RENT REVIEWS: CPI ANNUALLY WITH MARKET REVIEW UPON EXERCISING SECOND OPTION TERM
OUTGOINGS: LESSEE PAYS ALL OUTGOINGS EXCEPT PROPERTY MANAGEMENT FEES
(A COPY OF THE LEASE IS AVAILABLE FROM THE SELLING AGENTS UPON REQUEST)

For further information please contact:
STUART BURLING 0412 742 339 stuartb@rfre.com.au
PHIL FARRIS 0411 333 550 philf@rfre.com.au