Malaga Leased Investment Opportunity

Two industrial properties currently leased to the nationally recognised Welling & Crossley (W&C) until the 1st of March 2025 with a total combined income of $65,834.60pa + outgoings.

Property Details:
• Total building area: 465sqm
• Unit 5: 200sqm warehouse with small office predominantly used for warehousing with a single toilet and shower.
• Unit 8: 200sqm warehouse with additional 65sqm yard currently enclosed and used as office with a single toilet and shower
• Built 1997
• 5.5sqm* Truss height
• 3 phase points to each units
• Common Parking
• Tilt panel construction

Positioned in the middle and rear of an 8 unit strata complex in Malaga with easy access to Marshall Road, Malaga Drive, Alexander Drive, Reid Highway and Tonkin Freeway.

Lease Details (single lease):
• NET RENT: Unit 5: $28,500.00pa + GST | Unit 8: $37,334.60pa + GST
• TERM: 3 years commenced on the 1st of March 2022.
• RENT REVIEWS: Fixed 3.5%
• SECURITY: 3 months gross rent including GST
• OUTGOINGS: $6,260.59 each unit payable by the Lessee

Tenancy Profile
Australian-owned and operated since 1926, Welling & Crossley (W&C) today is an internationally recognised manufacturer of Diesel Generators, Fire Products, Diesel Engines and Tractor Driven Alternators.

For more information or to arrange an inspection please contact:

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

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

*Approximate

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