32 Woodstock Street, Newman WA 6753

Industrial Workshop & Hardstand

Burgess Rawson is please to offer to the market this ideal leased investment in the tightly help Pilbara mining behemoth of Newman.

Location
32 Woodstock Street is located in the tightly held industrial hub within Newman. This site is occupied by Freo Cranes and offers an investor security with 7 years left to run with attractive lease terms including a market review in March 2028

Features
• 10 year lease (commencing 14th March 2023)
• Plus options 5+5
• Leased to Freo Cranes (owned by Warren Buffet Backed Berkshire Hathaway listed on the NYSE)
• Current Rent 371,961.53 ++
• Annual increases greater of CPI or 3%
• Market review every 5 years starting in march 2028
• Land area 7,264 sqm

Lessor owned improvements include licensed Wash-down bay with oil separator, workshop, and workers accommodation and amenities.

Newman, Western Australia, is one of the world’s most significant mining hubs, serving as the heart of the East Pilbara’s massive iron ore industry. The region is predominantly dominated by BHP’s massive operations including Mt Whaleback the worlds single biggest Iron ore mine located just 6Kms from Town, Newman is also major hub for Rio Tinto and Mineral Resources. While iron ore is the overwhelming primary resource, the broader region also hosts significant deposits of copper, silver, lead, and gold.

For all enquiries please contact the exclusive listing agent -
Brodie Keay - 0403 552 809
Graeme Perry - 0419 719 354
Andrew McKerracher - 0411 611 919

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