- Good returns
- Room to expand
108 Maddington Road, Maddington is newly completed and is immaculately presented. The property is constructed mainly of Tilt Concrete Panels except for the back of the property which is zincalume which allows for an extension of the property at a later date. The property’s building area is 527sqm. The property consists of 100sqm of office, 400sqm of Warehouse and a 27sqm lean to. The building is located at the western side of the land area and lies on the border of 106 Maddington Road, Maddington
The Office area is very well presented with floor tiles as floor coverings and with plenty of windows allowing natural light to enter. The Office is broken up into three areas the area is cooled / heated with a reverse cycle Air Conditioning. The office area has a door that allows great access to the warehouse area.
The Warehouse has a high truss and air conditioned throughout. Access to the warehouse is via the Large Roller doors located at the right hand side of the warehouse area and at the rear of the building the front door is located directly in line with the gate allowing trucks easy access from Maddington Road.
The Tenant has been operating in the area and business for over 14 years and is involved with local and mining sales and repairs. The tenant is willing to enter into a 3 plus 3 lease once contract has been negotiated at a rate of $77,350 per annum thus giving the property a 6% return on your money and also giving you full term of the lease.
This is an immaculate property with first class tenant and a must for any investment portfolio.
Contact Steve Michael on 0400 133 016 or 08 9361 6766
Winners of the REIWA Commercial Agency for Excellence Award 2006 & 2007