Raine & Horne Commercial are excited to present to the market 6 Sphinx Way, Bibra Lake. The property is being offered with a lease in place to The Simulation Centre, a well-established recreational and leisure activity business expiring in 2022.

Property Details:
- Green Titled
- 3,974sqm Land Area
- 1,300sqm Building Area
- 73 concrete cay bays
- Small Office
- Café
- Storage Room
- 19 connected male & female toilets and urinals
- Warehouse complete with evaporative air conditioning
- Dual cross overs
- Secure Fencing

Lease Details: $137,917pa + Outgoings + GST

Positioned within the Phoenix Business Park, the property benefits from close proximity to major arterial roads such as North Lake and Stock Roads, Roe Hwy and the Kwinana Freeway.

For its current use, the property also benefits from its proximity to residential suburbs such as Spearwood, Yangebup, Beeliar, South Lake and more in particular Adventure World, providing easy access to the tenants clientele.

The property has excellent locational benefits for both industrial and recreational use.

Given the property was designed for recreational use and has adaptability, the value upside is that it would be hard to re-create the asset given its approval and car parking provisions in place.

Asking Price $2,150,000 (going concern)

For a copy of the Information Memorandum or to arrange a viewing which won't disappoint, please contact the selling agents.