14B Hines Road, O'Connor WA 6163

EXCEPTIONAL OPPORTUNITY

DFR Commercial are pleased to present to the market 14B Hines Road, O'Connor. This fantastically located property boasts a total site area of 1,000m2 (approx.) and includes two separate office/workshops with a total lettable area of 668m2 (approx.).

Positioned just off South Street and just a short drive from major roads such as Leach Highway & Stock Road, this property presents an excellent opportunity to acquire a significant developed property in the highly sought after and tightly held O'Connor Industrial area.

The property has two separate tenancies, one on a fixed term and the other on a holding over basis with the fixed term tenancy.

Features Include:
- Total land area 1,000m2 (approx.)
- Unit 1 349m2 (approx.)
- Unit 2 319m2 (approx.)
- Concrete tilt panel construction
- Each space has two storey air conditioned offices
- Each space has two separate bathrooms

Tenancy details:
- Unit 1 Fixed term lease until 8/12/2030 currently paying $43,625 p/a + Outgoings and GST. Lease started December 2019.
- Unit 2 Holding-over, currently paying $53,714 p/a + GST. Outgoings included in rent. Lease started September 2020.

Approximate annual outgoings: Council rates $9,510.00, water rates $3,450.00, insurance $2,600.00. Total = $15,560.00

*Some photos shown represent unit 2 when it was vacant prior to the current lease which started in September 2020. DFR Commercial are the managing agents for the property and property condition reports from the beginning of each lease are available.

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