DFR Commercial are pleased to present to the market this secure investment opportunity showing a 6.5% return on investment with a national tenant 'Smenco Pty Ltd'. Smenco are leading distributors of welding equipment, consumables and associated welding technology boasting offices in Melbourne, Sydney, Brisbane, and Perth.

The property is well located being in the Solomon Industrial Estate in Jandakot with great access to the Kwinana FWY, Roe HWY, Jandakot Airport, Armdale Road and the North Lake Road overpass, this is one property not to miss.

Features Include:
- Total building area 251m2 (approx)
- Small unapproved internal office
- Ample onsite parking
- Good frontage and exposure
- Direct access to roller door from driveway

Lease Details:
- Lease Commenced: 16th May 2020
- Lease Expiry: 15th May 2023
- Further Term: 3 years
- Annual Rental: $27,562.50
- Annual Rental Increases: Fixed Annual Increase

Approximate annual outgoings: Council rates $2,683.15, water rates $1,392.30, strata levies $2,748.04.
Total: $6,832.58


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