LEASED INVESTMENT
Sold In February 2022
LEASED INVESTMENT
24 Farrall Road, MIDVALE WA 6056
What to like
Income Producing Asset. Located in what is known as the Midvale Business Centre or Midvale Light Industrial Area, this property offers a distinct advantage with its exposure to Farrall Road, the premises provides for fantastic sign opportunities to the high traffic count of this location. This is a stand alone building and offers tenants the benefits of a good yard space with access via three roller doors, high truss and is just a short ...
Income Producing Asset.
Located in what is known as the Midvale Business Centre or Midvale Light Industrial Area, this property offers a distinct advantage with its exposure to Farrall Road, the premises provides for fantastic sign opportunities to the high traffic count of this location.
This is a stand alone building and offers tenants the benefits of a good yard space with access via three roller doors, high truss and is just a short walk to the bus stop for staff members.
CURENT TENANT
* Originally the site was
occupied by the business known today as Rudd Industrial since approx. 1983
* Current term expires 31st Oct 2026
* One further option of 5 years in the lease from 1st Nov 2026 - 31 Oct 2031
* Land approx. 1,019 sqm
* Building approx. 430 sqm (base building)
* Annual Rent Reviews: 1st November each year
* Current Rent $52,000 PA plus Outgoings & GST
For full details re this site including 3D Tours and Information Memorandum (IM) please contact Cambell Giles.
SALES CONTRACT
This property is offered via Set Date Sale -
Closing 24 November 2021 at 2pm AWST
All offers WILL be presented on the 24th November 2021
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Located in what is known as the Midvale Business Centre or Midvale Light Industrial Area, this property offers a distinct advantage with its exposure to Farrall Road, the premises provides for fantastic sign opportunities to the high traffic count of this location.
This is a stand alone building and offers tenants the benefits of a good yard space with access via three roller doors, high truss and is just a short walk to the bus stop for staff members.
CURENT TENANT
* Originally the site was
occupied by the business known today as Rudd Industrial since approx. 1983
* Current term expires 31st Oct 2026
* One further option of 5 years in the lease from 1st Nov 2026 - 31 Oct 2031
* Land approx. 1,019 sqm
* Building approx. 430 sqm (base building)
* Annual Rent Reviews: 1st November each year
* Current Rent $52,000 PA plus Outgoings & GST
For full details re this site including 3D Tours and Information Memorandum (IM) please contact Cambell Giles.
SALES CONTRACT
This property is offered via Set Date Sale -
Closing 24 November 2021 at 2pm AWST
All offers WILL be presented on the 24th November 2021
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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.