Leased Investment with Assured Rental Growth!
SOLD
75 Cook Street
Busselton WA 6280
Industrial
FOR SALE
1668m2
75 Cook Street, Busselton is prominently situated approximately 1.6 kilometres east of the Busselton City Centre. The property is situated within the special industrial precinct of Busselton and in particular is situated within the Busselton showroom Industrial precinct. The establishment of this precinct was based on the close proximity of the industrial lots to the Busselton bypass road and is suitably located for showroom facilities and showroom type use due to its exposure to passing traffic.
Key benefits of the building and the location are summarized as follows:
- New ten (10) year lease to Austral Bricks (WA) Pty Ltd with four option periods of five (5) years each. Potential for a 30 year income.
- Rental: $65,000 per annum net (+GST)
- Leasing risk reduced
- Long term income stream with fixed annual increases
- Ample onsite parking
- Brand New building with depreciation benefits
- Proximity to Busselton Bulky Goods centre
- Easy access to Strelly Street and Busselton Highway
- Expected population growth in the future
Building Area: Approximately 190sqm (130sqm Building plus 60sqm Verandah)
Display Yard Area: Approximately 1,070sqm
Carpark Area: Approximately 408sqm
Total Site Area: Approximately 1,668sqm
Note that the areas quoted are subject to survey.
For further details please phone Richard Parry on 0411 888 142 or Daniel Makin on 0439 904 797
Key benefits of the building and the location are summarized as follows:
- New ten (10) year lease to Austral Bricks (WA) Pty Ltd with four option periods of five (5) years each. Potential for a 30 year income.
- Rental: $65,000 per annum net (+GST)
- Leasing risk reduced
- Long term income stream with fixed annual increases
- Ample onsite parking
- Brand New building with depreciation benefits
- Proximity to Busselton Bulky Goods centre
- Easy access to Strelly Street and Busselton Highway
- Expected population growth in the future
Building Area: Approximately 190sqm (130sqm Building plus 60sqm Verandah)
Display Yard Area: Approximately 1,070sqm
Carpark Area: Approximately 408sqm
Total Site Area: Approximately 1,668sqm
Note that the areas quoted are subject to survey.
For further details please phone Richard Parry on 0411 888 142 or Daniel Makin on 0439 904 797