Sold In May 2022
A Magnet for Investors
30 Magnet Road, CANNING VALE WA 6155
What to like
Situated in the premier southern district of Canning Vale on the corner of Magnet Road and Madison Street, this fully leased property offers an outstanding opportunity for astute property investors. Positioned within a food production and processing precinct, close to Market City - Perth's main fresh produce and wholesale market - this property is leased to two tenants on secure 10-year leases with a net income of $310,000 per annum net and 3% fixed annual rental ...
Situated in the premier southern district of Canning Vale on the corner of Magnet Road and Madison Street, this fully leased property offers an outstanding opportunity for astute property investors.
Positioned within a food production and processing precinct, close to Market City - Perth's main fresh produce and wholesale market - this property is leased to two tenants on secure 10-year leases with a net income of $310,000 per annum net and 3% fixed annual rental growth.
Other features include:
- Land area: 5,700 sqm
- Total building area: 2,459 sqm
- 10 year WALE commencing 1st July 2021
- Major CAPEX refurbishment upgraders recently completed
- Suitable opportunity for investors, syndicators and SMSF
To obtain a copy of the IM or to arrange an inspection please contact the exclusive selling agent, Wayne Chorley.
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Positioned within a food production and processing precinct, close to Market City - Perth's main fresh produce and wholesale market - this property is leased to two tenants on secure 10-year leases with a net income of $310,000 per annum net and 3% fixed annual rental growth.
Other features include:
- Land area: 5,700 sqm
- Total building area: 2,459 sqm
- 10 year WALE commencing 1st July 2021
- Major CAPEX refurbishment upgraders recently completed
- Suitable opportunity for investors, syndicators and SMSF
To obtain a copy of the IM or to arrange an inspection please contact the exclusive selling agent, Wayne Chorley.
Who to talk to
Book an inspection
By submitting your enquiry you agree to our privacy policy and terms and conditions.
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Get to know the area
While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.
Who to talk to
Book an inspection
By submitting your enquiry you agree to our privacy policy and terms and conditions.