7/19 Kent Way,
Malaga, WA 6090
Warehouse, Factory & Industrial
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Map of 7/19 Kent Way
***SOLD***Leased Investment - Long term lease - Bakery
- Strong established tenant
- Long term lease
- 7% net return
Located in the heart of Malaga this strata unit has been occupied by a single business for the last 20 years and is being sold with 7 + 7 + 7 year lease with an approximately 7% return.
Size: 598 sqm warehouse plus 179 sqm court yard with rear access
Parking: Shared
Rent: $84,000 per annum net (Tenant pays the outgoings.)
Rent reviews: Annual CPI+1% rent increases throughout the term - Market rent review at the commencement of each option.
Zoned: General Industrial under the City of Swan
About the Tenant: "Boffins Bakery has been in business since 1997 producing high quality cookies, in Malaga Western Australia. They are a, 100% Australian owned, wholesale bakery who specialise in sumptuous gourmet Cookies Slices & Rolled Pastry. Their products are sent either directly to customers or through our network of dedicated distributors."
To book an inspection or request further information please call Trevor Longwood 0431 678 500.
Size: 598 sqm warehouse plus 179 sqm court yard with rear access
Parking: Shared
Rent: $84,000 per annum net (Tenant pays the outgoings.)
Rent reviews: Annual CPI+1% rent increases throughout the term - Market rent review at the commencement of each option.
Zoned: General Industrial under the City of Swan
About the Tenant: "Boffins Bakery has been in business since 1997 producing high quality cookies, in Malaga Western Australia. They are a, 100% Australian owned, wholesale bakery who specialise in sumptuous gourmet Cookies Slices & Rolled Pastry. Their products are sent either directly to customers or through our network of dedicated distributors."
To book an inspection or request further information please call Trevor Longwood 0431 678 500.
Property ID: 502511394Last Updated: 1 Mar 2018
08 9367 78...
7/19 Kent Way
Malaga, WA 6090
Ron Farris Real Estate Pty Ltd - South PerthSuite 9, 23 Richardson Street
SOUTH PERTH, WA 6151
SOUTH PERTH, WA 6151
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