4/8 Decastilla Street, Minyirr WA 6725

SOLD

Ray White Broome is proud to present 4/8 De Castilla Street, Minyirr - a leased, in demand industrial asset with long standing tenants. Improvements comprise a workshed/office/bathroom (204 sqm) in a sought after location.

PROPERTY SUMMARY:
• Lettable Area: 204 sqm
• Subject strata allotment: 507 sqm
• Parent site: 8,590 sqm
• Zoning: General Industry

LEASE SUMMARY
• New 5 year lease to established tenant (approx. 12 years occupancy)
• Lease Expiry Jan 2031.
• Gross Rent $72,000 pa ($6,000 per month)

PROPERTY HIGHLIGHTS:
• Functional Workshed (204 sqm) with integrated office/bathroom.
• Fully air-conditioned internal office (approx. 40 sqm) comprising a kitchen, lounge/dining and workspace.
• Bathroom amenities (toilet, shower, hand basin)
• Mezzanine storage (40 sqm).
• High clearance sliding door (4.4m clearance).
• Concrete verandah (27 sqm)
• Tandem exclusive use carbay (67 sqm)
• Strategic location in close proximity to Port and KMSB.
• Internal fenced yard.

STRATA SCHEME
• Fully fenced parent site (8,590 sqm).
• Extensive concrete hardstand throughout.
• Ample common area parking.
• Well established and tightly held 8-unit strata scheme.
• Sought after location.

4/8 De Castilla Street represents a compelling opportunity to secure a quality leased industrial investment underpinned by long-standing tenants and strong local demand for industrial assets, especially in this location.

Outgoings:
Council Rates: $5,209 pa
Water Rates: $315 pa

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

Please note that these internal measurements are approximate only.