The arrival of Unit 16, 69-73 Hector Street West, Osborne Park to the market represents a unique and seldom available opportunity to acquire an impressively appointed and superbly located asset, leased to a high calibre national tenant in arguably Western Australia’s premier commercial/industrial precinct in Osborne Park.
More specifically, the offering comprises 606sqm* of improvements over two (2) levels with an office component of 313sqm and an undercroft warehouse of 293sqm*.
The office component has been fitted to the highest of standards, including full partitioning, boardroom, meeting rooms, numerous individual offices, high capacity ducted reverse cycle air conditioning, commercial grade floor coverings, male and female ablutions, a security system including CCTV, server room with data cabling and a full size staff kitchen with all appliances. A fully enclosed balcony (breakout area) of 60sqm with a secure loading bay is also included as part of the office component.
The building is complimented by a securely fenced, bituminised carpark and hardstand, located directly in front of the building and accessed via an electric gate all contained on a 646sqm* survey strata lot.
The warehouse has a high truss spanning 3.6m* to 4.2m*, a dispatch office, electrical roller door, 3 phase power, disabled amenities, end of trip facilities and an extensive storage area. The warehouse can be directly accessed internally from the upper level office via a staircase.
The property has been leased by the same Tenant since November 2013.
– Leased to 31 October 2022
– Option of a further three (3) years from 1 November 2022 plus a final option of three (3) years from 1 November 2025
– Tenant pays all outgoings including property management
– Net passing rental of $84,000* p.a.
If you would like to obtain a copy of the Information Memorandum or to arrange an inspection please do not hesitate to contact Franco Gangemi on 0418 930 504.