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Unit 2, 4 Mallaig Way Canning Vale, WA 6155

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Unit 2, 4 Mallaig Way,
Canning Vale, WA 6155

Warehouse, Factory & Industrial

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Map of Unit 2, 4 Mallaig Way

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FOR SALE - INVESTMENT

The property includes a five (5) unit strata development. The development has been completed to above standard quality and extensive fitout. Unit 1 has a total gross lettable area of 543 sqm inclusive of office and mezzanine directly above both areas leads to a rear warehouse.
Improvements
The office and warehouse units have been constructed with concrete floors and footings, concrete tilt walls, with a metal clad roof. The office areas are situated to the front of the warehouse and fitted with commercial grade aluminum windows and entry.
Internally the offices are carpeted and have reverse-cycle air-conditioning. The internal walls will be plastered brick, with suspended ceiling allowing recessed fluorescent lighting. To the rear of the proposed office area will be an amenities area which includes separate male and female toilets and a tea preparation area.
Above each Office is a mezzanine level accessed via stairs from the office and a loading gate into the warehouse.
The warehouse accommodation will be clear span with a steel portal frame and an internal height of approximately 8.0 metres. The warehouse includes a roller door giving direct access into the warehouse. Lighting is to be provided via metal halide hi bays and translucent roof sheeting sections providing natural light.
Other improvements to the site include bitumen paving and reticulated landscaping to the front of the building and street front verges along both street frontages.

Tenancy Details
The following is a summary of terms of the lease:
Unit 1
Lessor: Custom Properties Pty Ltd.
Lessee: Ranger Camping & Outdoors Pty Ltd
Lease Comm. Date: 15th September 2008
Lease Expiry Date: 14th September 2018
Lease Term: 10 Years
Further Term: 5 Years + 5 Years
Rent Reviews: CPI on each anniversary of the commencement date with a market review on every second anniversary of the commencement date. Reviews to be repeated for the option if exercised by the lessee. Rental shall not be below the preceding years.
Rental: $62,790 pa plus GST
Special Fac. Rental: $19,300 pa plus GST
GST: Payable by Lessee.
Outgoings: Payable by the Lessee.
Guarantees: twelve (12) month bank guarantee inclusive of rent and outgoings plus GST.


Additional information

Property ID: 5510872Last Updated: 3 Apr 2018

04115979...
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Unit 2, 4 Mallaig Way
Canning Vale, WA 6155
MLV Real Estate - Welshpool
Unit 1/50 Pilbara Street
WELSHPOOL, WA 6106

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