18 Clementson Street, Broome WA 6725

Fully Leased Light Industry Investment

Nick Johnston is proud to present 18 Clementson Street, Broome - an outstanding investment opportunity securely leased to Tradelink Pty Ltd, one of Australia's leading trade suppliers.

PROPERTY SUMMARY:
• Site Area: 2,005 sqm
• Lettable Area: 420 sqm
• Gross Building Area: 524 sqm
• Zoning: Light Industry
• Tenure: Fully Leased

LEASE SUMMARY
• Lessee: Tradelink Pty Limited
• Lease Expiry: 30 September 2028.
• Options: 5 + 5-year options through to 2038.
• Net Rental: $94,327 pa excluding GST plus outgoings.
• Reviews: Annual CPI Reviews. MKT at option. (Next CPI Review October 26)

PROPERTY HIGHLIGHTS:
• Securely leased to Tradelink Pty Ltd, a quality national tenant in continuous occupation since 2000.
• Long-term tenant security with CPI-linked rental growth throughout the term.
• Prominent, sought after location on Clementson Street, with direct access to Port Drive and Guy Street.
• Versatile warehouse, showroom and office accommodation.
• Extensive on site bitumen parking provided.
• Convenient access Direct access to both Guy Street and Port Drive.

IMPROVEMENTS
• Workshed (255 sqm) incorporating an air-conditioned showroom/office (40 sqm).
• Additional Air-conditioned showroom (60 sqm) with mezzanine above.
• 2 additional office spaces (50 sqm)
• Bathroom (4 sqm)
• Covered work/loading area (80 sqm).
• Rear warehouse and storage area (110 sqm)
• Front Verandah (24 sqm)
• Full Boundary fencing with secure gated access.
• Extensive bitumen hardstand and paved area for parking.

18 Clementson Street represents an excellent opportunity to secure a quality leased investment underpinned by a long standing national tenant, secure income stream and built in CPI rental growth in a sought after location.

Offers Invited. All genuine interest considered.

Outgoings:
Council Rates $8,721
Insurance: $5,640
Water Rates: $493

All information is provided in good faith and no warranty is given as to accuracy, interested parties should rely on their own enquiries

Areas are approximate only and should not be relied upon.

For further information to arrange an inspection, please contact:
Nick Johnston
Phone: 0417 714 976
Email: [email protected]