97 Forrest Avenue, Bunbury WA 6230

This property is a high traffic site with the ultimate business exposure of dual road frontages and positioned close to the CBD and zoned Service Commercial under TPS-8.
Comprising a massive parcel of land of 5,583m2 across 4 adjoining titles, with a brand new 7-year triple net lease to a wholly owned subsidiary of Kelsian Group Limited - an ASX 200 company and leading transport and tourism operator.

The property offers a genuine long-term income stream with programmed annual rental growth and a strong running yield.

The property boasts approximately 1,400m2 of lettable area with the inclusion of improved offices, warehouse and workshop facilities and wash bay areas. There is an abundance of bituminised hardstand areas for parking of both light and heavy-duty vehicles with additional undercover lay-down and storage areas.

This property is fully fenced with multiple drive through access points and would make for the perfect set and forget investment for any property portfolio. It is also a chance to achieve a very sought-after parcel of land with a secure long-term tenant and future holding potentials.

The property is being offered For Sale on an individual asset basis by Expressions of Interest. Closing 4.00pm AWST 11 December 2024 - Unless sold prior.

PROPERTY FEATURES:
- Long-term ASX 200 listed multi-national tenant
- Great lease terms with on-going options
- Huge 5,583m2 parcel of land
- High traffic and dual major road exposure
- Approx. 1,400m2 of lettable area
- Extensive hardstand and parking for heavy-duty vehicles/machinery
- Offices, warehousing, storage and wash bay facilities

Information Memorandum available on request.

To book your exclusive viewing opportunity - By Appointment - Contact me Craig Hall on 0401929131 TODAY!

Craig Hall
Barr & Standley
0401 929 131
[email protected]

Nick Goodridge
Cushman & Wakefield Property (WA) Pty Ltd
0421 812 159
[email protected]

*All measurements are approximate*

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731.