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2 Thorpe WayKWINANA BEACH
Key features
- Long WALE Investment Opportunity
- Triple-Net Lease Structure
- Prime Industrial Properties
Prime WA Industrial Investment Opportunities
About this property
Savills are pleased to present to the market for sale, two investment properties at 2 Thorpe Way, Kwinana Beach & 147 Barrington Street, Bibra Lake.
Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd.
Key investment highlights as follows;
• 2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent
• 147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent
• Fully leased to MinRes Properties Pty Ltd
• Leased until 31 December 2034, plus 5 year option
• 3.5% fixed annual increases
• Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
• Triple-net lease structure
*approximate
The properties are being offered individually, or in a line, by way of an EOI closing 4pm 23rd October 20224.
For further information or to arrange an inspection, please contact the exclusive selling agents below.
Local information
- Kwinana Beach is located in the West Australian Trade Coast in Perth’s southern industrial corridor, approximately 30 kilometres south of Perth’s central business district. The subject property is located on the southeastern intersection of Thorpe Way and Richardson Street with the area predominantly zoned for heavy and general industry.
Available space
| Tenancy | Sale Type | Price | Area | Status |
|---|---|---|---|---|
| n a | Expression of Interest | 4234.00sq m | Available |