This asset is secured by ASX Listed BHP.

BHP has occupied the asset since 2011 and has every intention to continue their long-lasting tenancy at the premises. The premises was purpose built to BHP’s requirements via a design and construct agreement.

BHP was founded in 1885 and now works in over 90 locations worldwide. BHP reported an underlying attributable profit of (US)$21.3 billion for financial year 2022.

The asset is situated in the industrial centre of Blackwater and offers great street frontage opportunities, security fencing throughout and a incredibly stable income stream.

The vendor has tightly held the asset since its development in 2011. Passive industrial investments like this are extremely rare, secure the opportunity today.

Highlights:

• $133,633 net return
• 9.5% Yield
• Leased by BHP since 2011
• Current lease term expires May 2024 + 1 Year option
• Multi-billion-dollar multinational tenant
• 5,321* freehold land
• 700* sqm warehouse
• 180* sqm office
• Long-standing continuing tenancy
• Landlord-friendly lease
• Purpose-built facility to tenants’ requirements
• Development upside with large amount of excess land
• Completely with security fencing
• Fully air-conditioned office
• Extensive hardstand and warehouse
• Multiple lunchrooms
• Large boardroom

Please enquire below to Adam Kelly to receive a copy of the IM.