77 Wanneroo Road,
Tuart Hill, WA 6060
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices
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Map of 77 Wanneroo Road
FULLY LEASED INVESTMENT
This is a genuine opportunity to purchase a fully leased, investment property with redevelopment potential in a sought after growth area.
LOCATION AND SITE
The property is located near the intersection of Wanneroo Road and Cape Street. This central northern area is undergoing continual development due to its vicinity to the Perth CBD and higher density urban renewal. The site has good access to major roads to the greater Perth area.
This 584 square metre site has an excellent 21.47 metre frontage to
Wanneroo Road and the slip road directly in front of the property and 20.75 metre rear boundary to Acorn Lane which is accessed off the slip road, Cape Street to the South and . Typical services are connected. See attached Landgate sketch of the site.
ZONING
Local Centre under Town Planning Scheme 3 for Mixed Use and
Commercial.
IMPROVEMENTS
Developed on the site is a partially upgraded old building with 375 square metre street level divided into 3 tenancies.
In addition there is undercroft storage under each tenancy at rear of the property facing Acorn Lane. There are also three toilets at the rear plus
two in the tenancies.
The property has a near new roof and some internal modernization has been done over recent years. The elevations are brick with a metal deck roof and glass frontage for each tenancy.
The property can be accessed from the slip road parallel with Wanneroo Road and from Acorn Lane at the rear. The is public parking at the front of the property and extensive public parking and some onsite parking at the rear. Externally the site is fully developed with bitumen .
LEASE DETAILS
Lessee 1:
Vision Equity Life Centres Pty Ltd.
(Units 1 &3)
Term:
5 years expiring 30 September 2014
Options:
5 years from 1 October 2014
Net Rental:
$43,245.84
Rent Reviews:
Greater of CPI or Market 2014 and CPI thereafter annually.
This is a charitable organization looking after Autistic Children.
Lessee 2:
Peopleco Pty Ltd
(Unit 2)
Term:
3 years 14 July 2008
Options:
2 x 2 years exercised and expiring 13 July 2015
Net Rental:
$33,319.44
Outgoings:
Paid By Tenants
Leases:
Available upon request.
This is a national recruitment agency.
GST
Zero GST being sold as “A Going Concern”
This is a genuine opportunity to buy a fully leased property with multiple tenancies in an established location showing continued progress and potential for future redevelopment.
LOCATION AND SITE
The property is located near the intersection of Wanneroo Road and Cape Street. This central northern area is undergoing continual development due to its vicinity to the Perth CBD and higher density urban renewal. The site has good access to major roads to the greater Perth area.
This 584 square metre site has an excellent 21.47 metre frontage to
Wanneroo Road and the slip road directly in front of the property and 20.75 metre rear boundary to Acorn Lane which is accessed off the slip road, Cape Street to the South and . Typical services are connected. See attached Landgate sketch of the site.
ZONING
Local Centre under Town Planning Scheme 3 for Mixed Use and
Commercial.
IMPROVEMENTS
Developed on the site is a partially upgraded old building with 375 square metre street level divided into 3 tenancies.
In addition there is undercroft storage under each tenancy at rear of the property facing Acorn Lane. There are also three toilets at the rear plus
two in the tenancies.
The property has a near new roof and some internal modernization has been done over recent years. The elevations are brick with a metal deck roof and glass frontage for each tenancy.
The property can be accessed from the slip road parallel with Wanneroo Road and from Acorn Lane at the rear. The is public parking at the front of the property and extensive public parking and some onsite parking at the rear. Externally the site is fully developed with bitumen .
LEASE DETAILS
Lessee 1:
Vision Equity Life Centres Pty Ltd.
(Units 1 &3)
Term:
5 years expiring 30 September 2014
Options:
5 years from 1 October 2014
Net Rental:
$43,245.84
Rent Reviews:
Greater of CPI or Market 2014 and CPI thereafter annually.
This is a charitable organization looking after Autistic Children.
Lessee 2:
Peopleco Pty Ltd
(Unit 2)
Term:
3 years 14 July 2008
Options:
2 x 2 years exercised and expiring 13 July 2015
Net Rental:
$33,319.44
Outgoings:
Paid By Tenants
Leases:
Available upon request.
This is a national recruitment agency.
GST
Zero GST being sold as “A Going Concern”
This is a genuine opportunity to buy a fully leased property with multiple tenancies in an established location showing continued progress and potential for future redevelopment.
Property ID: 500967487Last Updated: 30 Apr 2014
08 9367 78...
77 Wanneroo Road
Tuart Hill, WA 6060
Ron Farris Real Estate Pty Ltd - South PerthSuite 9, 23 Richardson Street
SOUTH PERTH, WA 6151
SOUTH PERTH, WA 6151
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