8 Meliador Way,
Midvale, WA 6056
Warehouse, Factory & Industrial
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Map of 8 Meliador Way
OUTSTANDING OPPORTUNITY FOR OWNER OCCUPIER OR INVESTOR
Prime "A" Grade office/warehouse/workshop facility comprising 320sqm* of partitioned offices and 821sqm* of clear span workshop with 5 tonne gantry crane on a 2,091sqm* freehold lot. The property features perimeter security fencing, room for containers and small rear yard with store.
Currently leased to Gemini Accident Repair Centres Pty Ltd on the following terms
- Net Rent: $128,125.98 pa + GST and Variable Outgoings
- Expiry: 3rd April 2016
- Permitted Use: Vehicle accident repair centre
- Security Bond: $50,000
- Currently Available for Sub Lease
The property is currently being offered for sub lease by the current Lessee at $120,000 plus GST and Variable Outgoings making the building suitable for occupation by an owner occupier if required. I.e. the current Lessee will readily surrender their lease.
The property shows a 8.57% return on the current rent and an 8.0% return on the advertised sub lease rent.
Whichever way you look at it this property represents genuine value.
Currently leased to Gemini Accident Repair Centres Pty Ltd on the following terms
- Net Rent: $128,125.98 pa + GST and Variable Outgoings
- Expiry: 3rd April 2016
- Permitted Use: Vehicle accident repair centre
- Security Bond: $50,000
- Currently Available for Sub Lease
The property is currently being offered for sub lease by the current Lessee at $120,000 plus GST and Variable Outgoings making the building suitable for occupation by an owner occupier if required. I.e. the current Lessee will readily surrender their lease.
The property shows a 8.57% return on the current rent and an 8.0% return on the advertised sub lease rent.
Whichever way you look at it this property represents genuine value.
Property ID: 501656621Last Updated: 11 Oct 2022
08 9320 00...
8 Meliador Way
Midvale, WA 6056
CBRE - Perth Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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