The arrival of the properties to the market, provides a superb opportunity for investors and/or owner occupiers, to procure very affordable and versatile industrial accommodation, located within the well-established and highly regarded industrial/commercial precinct, of Wangara.
More specifically, the offering comprises two ( 2 ) adjoining factory/warehouses, each of 164sqm*, providing for flexible purchasing options, whereby proponents can purchase a single unit or both.
Both units have short term leases, providing potential Purchasers with holding income and with the ability for owner occupiers to occupy in the short term and/or for investors to take advantage of the buoyant industrial market via leasing options.
Investment Highlights include:
– Entry level pricing
– Located within well established and highly regarded northern corridor industrial/commercial catchment
– Improvements comprising a versatile floorplate allowing for flexible use
– .Holding Income
– Ability for future occupation in short term
– Excellent proximity to major transport networks.
– Tightly held commercial precinct.
– Generous on-site common parking allocation
– Very cost effective outgoings
– Car bays attached to title (Unit 3 – Four carbays, Unit 4 – Three car bays)
The units are constructed of brick elevations, metal deck roofing and concrete flooring.
Attributes include:
– Functional clear span floor plate, providing for greater flexibility in usage
– 4.6m* to 5.2m* truss height
– High bay lighting and skylights
– Fully self-contained with toilet and shower and kitchenette
– 3 phase power available
– Roller door- 4m*(wide) x 3.4m*(height)
Zoning:
The City of Wanneroo advises that the property is currently zoned “Light Industry” under their Local Planning Scheme No 2.
All proponents must complete their own enquiries with the appropriate Planning and Statutory Authorities, re approved use.
Outgoings 2023- 2024:
Council $1,451*
Water Rates $1,637*
Strata Levies $522 a quarter*
The property does not currently attract Land Tax as it falls under the threshold
Tenancy Details :
Both Units are leased, with Unit 3 leased until 31st December 2024 and Unit 4 leased until 3rd May 2024, with no further options.
Tenants are paying full outgoings, including property management fees.
The property further benefits from excellent accessibility, connectivity and proximity to major transport thoroughfares such as Wanneroo Road, Ocean Reef Road, Whitfords Avenue and numerous others.
Occupiers seeking very affordable, entry level premises, within the well-established Wangara industrial/commercial precinct, need look no further than Units 3 & 4, 31 Dellamarta Road, Wangara.
*Approximately
