25/40-45 Meares Avenue, Kwinana Town Centre WA 6167
Contact the agent
NAI Harcourts Metro
Fully Leased Commercial Investment
NAI Harcourts Metro, as the exclusive selling agents, are pleased to present Unit 25, 40 Meares Avenue, Kwinana for sale.
Positioned directly opposite Kwinana Marketplace, this fully leased commercial investment comprises two quality tenancies leased to atWork Australia and Success Tutoring, providing investors with a diversified income stream and fixed annual rental growth.
The property comprises approximately 210.81sqm* of net lettable area and includes a combination of modern office and retail accommodation with quality internal fit-outs, air-conditioned offices, meeting rooms, staff amenities and generous customer parking within the complex.
The two established tenants occupy the property under secure lease arrangements, with atWork Australia leased until 31 October 2027 with a further 3-year option, and Success Tutoring leased until 14 March 2030 with a further 5-year option. Both leases benefit from fixed annual rental increases, providing ongoing income growth.
Investment Highlights
• Net Annual Income: $35,383.18*
• Fully leased to two established tenants
• Diversified income stream
• Fixed annual rental increases of 3% and 3.5%
• Lease expiries to 2027 and 2030
• Further options to renew
• Approximately 210.81sqm* NLA
• High-quality office improvements
• Air-conditioned throughout
• Kitchenette and accessible amenities
• Excellent natural light throughout
• Directly opposite Kwinana Marketplace
• Ample customer parking
• Excellent exposure within Kwinana's commercial precinct
Located within the heart of Kwinana's primary commercial centre, the property enjoys outstanding exposure opposite Kwinana Marketplace and is surrounded by major national retailers, professional offices, medical services and community facilities. The property also benefits from excellent connectivity to Gilmore Avenue, Challenger Avenue, Thomas Road and Kwinana Freeway, providing convenient access throughout Perth's southern metropolitan corridor.
With two quality tenants, diversified income, fixed annual rental growth and a prime commercial location, Unit 25, 40 Meares Avenue, Kwinana presents an excellent opportunity to secure a well-positioned commercial investment with immediate income and long-term appeal.
For further information or to arrange an inspection, please contact Dylan Croll on 0401 835 454 or Tony Romano on 0407 388 139.
All figures are approximate.
Property features
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Land area
215m2
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Floor area
215m2
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Tenure type
Tenanted investment
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Outgoings
$30,205