STRONG MARINA LEASE INVESTMENT...
Located in Geraldton’s Marina Business Precinct in what is Western Australia’s largest City North of Perth providing services to the diverse Mid-West Regional requirements such as mining, tourism, agriculture, and aquaculture just to name a few.
Building structure consists of modern and compliant office across two levels with full fit out and in extremely good condition.
Building internals appear in very good condition and could be easily adaptable into other uses for future tenancies if required including the potential to split the tenancy between levels.
Quality Government Tenant who has been there on a 12 year lease position indicating strong lease potential to investors with 4 years remaining on current term as well as through current lease options available.
Location – set within the Marina Business Precinct right between the CBD and one of the City’s major shopping Centres. Surrounded by other local and Government businesses with BCM Stage 2 development and planning well under way it is sure to enhance the future reputation of the area. Given the location and other activity in the region with respect to development (including $350mil allocated for Port Development) the potential for quality tenants continues to grow especially given the shortage of land and quality office space in the CBD / Marina Precinct..
The property is available for viewing on request through Exclusive Agent Activewest Real Estate to qualified buyers to assist with independent due diligence..
Phil Sorgiovanni 0419 568 256
[email protected] or Matt Poynton 0437 770 301
[email protected]