The arrival of property to the market, provides a seldom available opportunity for investors to acquire a fully leased^ asset, located within arguably one of Western Australia’s premier and highly sought after commercial/industrial precincts, of Osborne Park.
More specifically, the offering comprises a two level showroom office with attaching warehouse, complemented by an abundance of street front parking and associated hardstand.
The showroom/office component of circa 760sqm* presents superbly with high quality finishes. Flooring is impressive with designer tiling throughout and with walls and ceiling finished in neutral tones creating a bright and inviting atmosphere. Toilets and designer kitchens are afforded to the upper and lower levels.
The attaching warehouse, of circa 420sqm* can be directly accessed from the showroom (although this access has been secured to accommodate a separate lease to warehouse), in addition to having a separate entrance from the adjacent carriageway. The warehouse has a generous truss height spanning to excess of 5m* and has a clearspan floorplate, allowing for flexibility and functionality.
The property is conveniently located along arguably one of Osborne Park’s most prominent and recognised thoroughfares with excellent proximity to major arterial transport networks such as Mitchell Freeway (North and South ramps), Scarborough Beach Road, Hutton Street, King Edward Road and numerous others.
The property will be fully leased^ as at the date of settlement with the showroom occupied by the Seller, who has traded from the premises for the past 20 plus years, with a separate lease to warehouse component, already in place.
Lease documentation will be provided as part of any due diligence process.
For further information or to obtain a copy of Information Memorandum please contact Franco Gangemi.
^The Seller will enter into a leaseback for the Showroom /Office component ,for an initial lease term of 5 years, from settlement date plus an option, on terms as noted in IM, which is available upon request The warehouse is separately leased to a high end mechanical workshop, expiring on August 2025 with a further option of 3 years.