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Unit 5, 23 Action Road Malaga, WA 6090

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Unit 5, 23 Action Road,
Malaga, WA 6090

Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail

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Map of Unit 5, 23 Action Road

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"UNDER OFFER" - Leased Investment Opportunity

"UNDER OFFER"
Location - The property is well located in the popular mixed use/commercial suburb of Malaga to the north east of the Perth CBD. The property itself is located on the prominent corner of Action Road and Pavers Circle. This location provides good access to Illawarra Crescent, Alexander Drive and Beach Road, as well as the main commercial precinct of Malaga, which includes the Malaga Markets Retail Precinct.

Title Details - Lot 2 on Strata Plan 33627 and contained within Certificate of Title Volume 2120 Folio 889.

Improvements - This 2 level office/showroom building is constructed of concrete footings and floor, rendered brick and concrete tilt elevations and metal deck roof. The ground floor comprises a large reception area and 4 offices. The rear factory/warehouse area has a truss height in the order of 4.5-5 metres and includes toilet facilities and is accessed from the rear of the building via a roller door of approximately 4 metres in height. The first floor area is accessed via stairs off the reception which lead to a large open plan first floor office/showroom with Boardroom facilities plus an additional large office area and storage. The accommodation has reverse cycle air-conditioning, carpet and includes security system, window treatments and a combination of down lights and fluorescent lighting.

Zoning - "General Industrial" according to the City of Swan's existing Town Planning Scheme.

Tenancy Details - We confirm the property is offered for sale on a lease under the following terms and conditions:
Lessee - Protection 1 Pty Ltd
Term - 5 years plus a further option of 5 years
Commencement Date - At Settlement
Rental - $45,000 PA net plus GST plus Outgoings (inclusive of management fees)
Rent Reviews - Annual to CPI and to the great of Market and CPI at the expiry of the initial 5 year term.

Asking Price - $599,500 ("Going Concern") - UNDER OFFER

For further information, including an inspection by appointment only, please do not hesitate to contact Barrie Glossop on 0412 918 740 or Jeff Braddock on 0412 934 694 or the BPG Office on 61 8 6389 2242.

Property ID: 502091962Last Updated: 3 Aug 2018

08 6389 22...
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Unit 5, 23 Action Road
Malaga, WA 6090
BPG Australia-Perth - NEDLANDS
Level 1, 563 Hay Street
DAGLISH, WA 6008

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