17 Shovelanna Street, Newman WA 6753

Rare Opportunity / Strong Lease / Strong Income!

Rare opportunity to secure a fantastic industrial property in the heart of the Newman Industrial Estate with a long-term lease in place till December 2027 and just as strong income!

Leased to secure national transport company the property offers the savvy investor a foot hold into the tightly held Newman Industrial area with all the essentials for this type of investment, secure long term lease and excellent gross returns in the vicinity of 10%.

The property itself is situated on a fully fenced 2,973 m2 of land with improvements including a large workshop with twin roller door access, front office reception, second office, lunch room and kitchen and both male / female toilets.

There is also a transportable building situated in the workshop that can be used for extra staffing requirements.

Outside offers a massive undercover concreted patio area the entire length of the workshop perfect for extra storage, a large shaded carport parking area next to the workshop and extra parking next to the office at the front of the yard.

With large double gated entry and a compacted cracker dust yard the opportunities are plenty.

The property also features a rare 3 bedroom 1 bathroom caretakers house on the site which has separate fencing and includes large open plan living areas, great size kitchen and an extra study room with a full length under cover patio area running the length of the property.

Not only is this property the perfect long term investment opportunity but a local company may also have an interest in securing a site with an eye to the future when the current lease and option period expires in December 2027!

For further information and IM document please contact Dave Rowe on 0400 313 566.

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision.