HIGH QUALITY INDUSTRIAL LEASED INVESTMENT

This exceptional industrial property boasts an array of high quality features designed to maximize efficiency and productivity. Strategically located in close proximity to the Roe Highway transport route, its excellent infrastructure and advantageous location ensure a consistent income stream, as the property has never experienced a vacancy since its construction.

Property is offered for sale via Expressions of Interest
**CLOSING 7TH SEPTEMBER 2023 at 4pm (AWST)**
The Seller reserves the right to sell the property prior to the closing date of the Expressions of Interest Campaign

Property Areas
• Land - 4,538sqm
• Hardstand - 1,800sqm*
• A substantial high truss workshop - 1,230sqm*
• Well-appointed office spaces - 208sqm*
• Amenities - 176sqm*

Property highlights:
• Dual beam 50T gantry crane and two 10T SWL hoists
• 20T SWL gantry (owned by tenant)
• 125 CFM compressor
• Certified wash bay with oil separator
• 3m x 3m x 3m deep concrete pit under the crane, featuring a trafficable lid for easy access and maintenance
• 30kw solar system
• 250 Amps power
• High truss with 8.5m under crane hooks
• 8m wide x 8m high sliding doors, providing optimal access for oversized equipment and materials
• Drive-through potential
• Yards sealed with 125mm x 32 MPa concrete, ensuring durability and functionality for heavy-duty activities
• Proximity to the Roe Highway transport route, streamlining transportation of goods and materials
• The property has been owned by the current owner since it was built in 1995
• Given its design, location and profile (plus the cranes and equipment on the property), it has never been untenanted
• It was originally tenanted by Subsea Services (from 1995 to 1998), then Expro Group (after it purchased Subsea Services) and then from 2013 to now, by the current tenant, Kempe Group
• The current lease provides for the tenant to pay ALL the property outgoings, although the owner has always managed it himself and has never applied a property management cost

Lease Information:
• Lessee - Kempe Engineering
• New Commencement Date - 1st July 2023
• Term - 3 years
• Rental - $240,000 + Outgoings + GST
• Tenant has been in occupation of the property for 10+ Years

Don't miss the chance to invest in a property that guarantees consistent rental income due to its prime location, advanced features, and adaptable design. This industrial gem offers the perfect blend of functionality, convenience, and reliability that discerning commercial investors seek.

For further information or to arrange an inspection please contact the Agents:

Michael Danagher
Ray White Commercial (WA)
Mobile: 0403 049 989
Email: michael.danagher@raywhite.com

Tom Jones
Ray White Commercial (WA)
Mobile: 0478 771 117
Email: tom.jones@raywhite.com

Lachlan Burrows
Ray White Commercial (WA)
Mobile: 0499 552 296
Email: lachlan.burrows@raywhite.com

*Approximately

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