Share this property

realcommercial.com.au
Burgess Rawson - Melbourne

81 Exmouth Drive Butler, WA 6036

Directions

81 Exmouth Drive,
Butler, WA 6036

Medical & Consulting • Shops & Retail • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne
Shaun Venables
Rick Jacobson

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
81 Exmouth Drive
Butler, WA 6036

Map of 81 Exmouth Drive

Directions

Secure 15 Year Government Lease to 2034 - Metro Perth Growth Suburb

  • Secure 15-year net lease to 2034
  • Annual 3.25% Rent Increases
  • Significant Depreciation Benefits
+ Secure 15-year lease to 2034 plus options to 2043.
+ North Metropolitan Health Services: Servicing 28%* of Western Australia, this Government tenant provides a comprehensive range of adult specialist medical, surgical and mental health services.
+ Strong and certain rental growth with annual fixed, compounding 3.25% increases.
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all outgoings including land tax and management fees.
+ Impressive 1,002 sqm* corner site with combined 60m* frontage and exposure to main arterial roads.
+ High profile 715 sqm* medical facility with 21 on-title car spaces.
+ Constructed in 2019, offering substantial depreciation benefits.
+ Opposite Butler Train Station and Charter Hall owned Butler Central Shopping Centre, anchored by Woolworths Supermarket with BWS, 30 specialty stores and 430 car parking spaces.**
+ Butler Homemaker Centre: Adjacent to the Butler Central SC, this 2.74ha Axiom development will see household brands such as Beacon Lighting, Petbarn, The Good Guys and Adairs introduced to the area in July 2022, with provisions for 319 car spaces.
+ Strategically located within close proximity to various high-profile national tenants, with ALDI, Dan Murphy’s, Anaconda, Spotlight, Amart Furniture, KFC and McDonald’s all within 800 metres*.
+ Surrounded by important social infrastructure including 11 schools in a 3km radius servicing over 6,600 full-time students.***
+ The $1.25bn Yanchep Railway Extension (Metronet) is Perth’s largest investment in public transport and will facilitate the rapid growth of Butler’s town centre.****
+ City of Wanneroo: Largest growing LGA in Australia, with population forecast to grow 68% by 2041 to 370,273.*****
+ Minimum management, essential service investment.
+ Net Income: $289,566pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino - River Room

*Approximately
**Butlercentral.com.au
***Gapmaps
****Metronet.wa.gov
*****Forecast.id

Property ID: 504018719Last Updated: 1 Aug 2023

Burgess Rawson - Perth
Level 10, 225 St Georges Terrace
PERTH, WA 6000

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Burgess Rawson - Melbourne

Other properties you might be interested in based on the location and property type you are looking at.