Realmark Commercial is very excited to market this Offers-to-Purchase campaign, closing 7th June 2018 at 5pm (WST), with both lots to be sold in conjunction with each other.
The best of Balcatta is on display here in the form of this massive dual-frontage site that is to be sold as a tenanted investment and located on the very busy Erindale Road.
Capitalise on a corner location with multiple Showroom and Warehouse tenants.
The buildings offer flexible terms of leases which will offer a shrewd developer the potential to redevelop and upgrade sections of the property over the medium term.
- Total Land Size: 17,870sqm
- Lettable Area: 7,289sqm
- Tenure Type: Tenanted Investment
- Net Income: $829,000 with further income growth potential (as of 30 April, 2018)
- National and Local Tenants
- Zoning: Industry and Mixed Business
- Approximately 25,000 passing cars daily (source MRD 2013/14)
- Street frontage on to Erindale Road of 150m and Whipple Street of 96m.
- Great exposure, access, parking.
• Multiple access via Erindale Road and Whipple Street.
• Huge amount of parking
The suburb of Balcatta is located 12km north of Perth CBD and is one of a few closely located industrial areas to the city which enables its occupier to have great access via a convenient proximity to freeways north and south, as well as Reid Highway.
An Information Memorandum is available upon request.
Please call exclusive selling agents Mike Rowe on 0408 470 074, or Gavin Lilleyman on 0431 834 775.
*Please note all measurements are considered approximate.