Industrial/Warehouse for Sale

36 Hemisphere Street Neerabup, WA 6031

$5,650,000Play Video
  • Building: 3,419m²
  • Land: 8,329m² (2.06 acres)

Contact the agent if you'd like further information.

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Industrial/Warehouse for Sale in Neerabup

12%+ Potential Return on Equity*

  • Building: 3,419m²
  • Land: 8,329m² (2.06 acres)

Ray White Commercial (WA) are pleased to present this highly recommended investment that demands consideration from an astute investor. This purpose built property is a recently completed office warehouse with specialised design features way beyond your average shed.

- The building is currently leased to Klen International who is a subsidiary of Avantor Performance Materials, a US company which was founded in 1867 and has a turnover in excess of $4 billion a year.
- Klen competes successfully with its national and international competitors and has become the largest manufacturer and supplier of Fire Assay Flux in the world.
- Distributing to over 55 countries worldwide, Klen is truly an international company.
- The building was purpose built for Klen with the foundations for a second floor office already built.
- The property and building has stringent licences granted specific to the site making it expensive for relocation of the tenant in the future.
- The building is adaptable to allow future industrial uses should the tenant vacate at the conclusion of their lease.
- 7 years remaining on current lease with a 5 year option.
- Annual rent increases to CPI with a market review in 2019.
- Significant depreciation allowances.

* subject to mortgage

For further information or to arrange an inspection please contact:

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

Ashley Gibbs
M: 0477 988 477
E: ashley.gibbs@raywhite.com

Building:

3,419m²

Land:

8,329m² / 2.06 acres

Investment Information

Tenancy Status:

Fully Tenanted

Current Weekly Rent:

$8,131 *

Current Annual Gross Income:

$423,974 *

Current Annual Nett Income:

$423,974 *

Estimated Gross Yield:

N/A (Marketed Without Price)

Estimated Nett Yield:

N/A (Marketed Without Price)

Built in:

2014

Title Scheme:

Torrens Title

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

* The rental income figures are based on an estimate by the selling agent of the likely amount the property would rent for if marketed for lease

All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply

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