43 Bradford Street, Wonthella WA 6530

High-quality industrial facility with secure income and strong underlying improvements

** UNDER OFFER **

43 Bradford Street represents a high-quality industrial asset where considerable thought has been given to the design, functionality and presentation of the property. The combination of substantial warehouse accommodation, quality office facilities, secure hardstand and excellent site improvements provides a highly functional offering for an owner-occupier or investor.

Land area: 2,506m²
Warehouse: Approx. 715m², constructed from a combination of concrete panel and Colorbond, incorporating a mezzanine and awning. 3-phase power connected.
Office: Approx. 282m² double-storey office accommodation comprising three private offices, reception, boardroom, archive room and kitchenette
Amenities: Multiple ablutions, including shower facilities and disabled access
Carport: Approx. 80m²
Hardstand: Sealed bitumen hardstand and car parking
Security: Automatic Garrison-style front gate and secure site
Current income: $96,000 per annum + GST + outgoings
Lease: Tenant has exercised their two-year option, to commence 7 November 2026. They have one further two-year option remaining, subject to a Market Review.
Income from 7 November 2026: $115,000 per annum + GST + outgoings
Income from 7 November 2027: $120,000 per annum + GST + outgoings
Tenant: Established and credible business with a strong history of occupying the premises.

The property is currently leased to an established and credible tenant, providing immediate holding income with contracted rental growth to $120,000 per annum + GST + outgoings by November 2027. With a further two-year option remaining beyond the current term, the property offers investors a combination of secure income, future rental growth and a quality underlying industrial facility.