Chalk Property & Burgess Rawson are pleased to present to the market for sale 24 Hurrell Way, Rockingham. This outstanding blue chip fully leased freehold industrial asset presents as a brilliant opportunity for investors to capitalise on the booming WA industrial market.
The 2,702sqm site is fully leased to waste control business 'RMD Industrial Services' with a long 10-year lease expiring in November 2032.
There is also additional hardstand sub-leases in place as follows;
Lot 500 Tesla Rd, L7536 (1,613sqm) sub-leased until December 2029 Lot 500 Tesla Rd L7525 (3,240sqm) sub leased until December 2029
Current nett returns of $27,449.32 + GST per month shows an outstanding CRR. ($329,391.84 + GST Net Return) IM and further information available.
The property is zoned 'Light Industry' with a large range of permissible uses. The property also resides within the Rockingham industrial precinct with excellent accessibility to key atrial roads Dixon Road, Patterson Road and the Kwinana Freeway.
• 2,702sqm freehold fully leased industrial asset • Improvements of 670sqm building • Fully Leased to Waste Control Business • Fully Licenced by DWER • 10-year lease expiring November 2032 • Zoned 'Light Industry' according to the City of Rockingham Town Planning Scheme No 2. • Outstanding blue chip investment opportunity
Asking Price: $3,000,000 (Going Concern)
For further details or a copy of the Information Memorandum please contact the exclusive selling agents Rob McGavin from Chalk Property 0418 444 747 or Luke Randazzo from Burgess Rawson on 0417 181 309.