LJ Hooker Commercial Perth and CBRE as joint exclusive agents are pleased to present For Sale by Offers Invited closing 2:00pm AWST on Thursday 30th November 2017, 59-87 Pilbara Street, Welshpool.
The property enjoys a high-profile corner location (corner of Orrong Road and Pilbara Street, Welshpool) one of the most prominent corner locations in Perth’s premier industrial precinct of Welshpool.
The property has a land area of 3.0998ha* with frontages to Orrong Road of 379.18 metres* and Pilbara Street of 250.58 metres*.
The improvements comprise of a multi tenanted industrial development being a combination of office and office/warehouse accommodation with a total improvement area of 19,090sqm*.
Key Features:
- Site Area – 3.0998ha *
- Building Area – 19,090sqm *
- Outstanding corner location
- 10km* from Perth CBD
- General Industry Zoning
Investment Highlights:
- Varying lease expiry profile to reduce vacancy exposure
- Selection of well-known tenants including Gunnersons and Repco
- Favourable net lease structure at market rent with annual increases
For further information, access to the data room or to arrange an inspection contact the exclusive selling agents.
* approximate
** The net rental is as per the tenancy schedule provided by the Seller plus the Sellers Proposed Rental Guarantee of $150m2 net over the vacant area.