Sold

17 Jacquard Way,
Port Kennedy 6172, Western Australia

3,038m² land size
3,038m² building size
Land/Development

$850,000


Property details

Easy Investment - 10yr Term

This is a rare opportunity to secure an easy investment with a long-term Lease and a stellar tenant profile.

The 3,038sqm* lot is part of the Port Kennedy Business Enterprise Zone and is strategically located just behind the well-established commercial complex of 2 Blackburn Drive facing Warnbro Sound Avenue which is home to long term tenants - Auto Masters, CES Electrical Pet Barn, Australia Post, and now the Rockingham Montessori School.

The Rockingham Montessori School is a well established private school that has enjoyed growth through the years and recently major expansions have led them to open facilities in Port Kennedy. The Rockingham Montessori school leased 17 Jacquard Way, Port Kennedy for their playground facility which is essential for the operations in the precint.

Lease Details:
• Tenant: Rockingham Montessori
• Term: 10 years
• Lease Commencement: 1 October 2021
• Option Renewals: 5 Years + 5 Years
• Annual Rent: $45,000
• Rent Increases: Fixed 3% Annually, Market Rent at Option

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

Enrique Reyes
Ray White Commercial (WA)
M: 0421 888 688
E: enrique.reyes@raywhite.com

Josh Sumner
Ray White Commercial (WA)
M: 0488 221 331
E: josh.sumner@raywhite.com

* approximate

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