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Burgess Rawson - Melbourne

29 Excellence Drive Wangara, WA 6065

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29 Excellence Drive,
Wangara, WA 6065

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

Price information

Sale - Expression of Interest

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Burgess Rawson - Melbourne
Sam Mercuri
Beau Coulter
Zomart He 何梓轩

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
29 Excellence Drive
Wangara, WA 6065

Map of 29 Excellence Drive

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  • Train stations within 5 km of 29 Excellence Drive, Wangara, WA 6065Distance
    Whitfords Station4.9 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 29 Excellence Drive, Wangara, WA 6065Distance
    Excellence Dr After Inspiration Dr155 m
    Motivation Dr After Challenge BVD264 m
    Gnangara Rd Before Hartman Dr514 m
    Gnangara Rd After Hartman Dr550 m
    Gnangara Rd Before Klaraborg Dr580 m
    POWERED BY HERE ©
POWERED BY HERE ©

Trophy Industrial Investment | 10,016sqm Site | Renewed 7 Year Lease

  • Renewed 7 Year Lease plus opts to 2041
  • World’s largest manufacturer
  • Fixed 3.25% annual increases
Burgess Rawson are pleased to offer the fully leased EHI Australia freehold investment located at 29 Excellence Drive, Wangara WA for sale via Expressions of Interest closing Thursday 27 June 2024.

Investment highlights include:

+ Newly renewed 7 Year lease to EHI Australia plus 2 x 5 Year options to 2041
+ EHI Australia: wholly owned by Colson Group, the largest manufacturer of castor and wheel products in the world, supplier to Bunnings Warehouse
+ Colson Group is a portfolio company of New York based private equity firm Blue Wolf Capital Partners with $2.9Billion USD in capital
+ Investor preferred net lease terms with EHI Australia paying all outgoings including land tax and insurance
+ Fixed 3.25% annual rent increases assuring growth
+ Currently undergoing major capital improvement & building extension, offering depreciation benefits & securing tenant’s long-term needs
+ Substantial 10,016sqm* freehold site located within the tightly held Wangara Industrial precinct
+ Modern 5,817sqm* warehouse/office space plus additional 825sqm enclosed unloading area
+ Excellent internal height of 11m with additional mezzanine storage space
+ Strategic location surrounded with major industrial and bulky goods tenants such as Bunnings, Reece Plumbing and National Storage.
+ Easy access to Hartman Drive (219,500 vehicles passing weekly), Ocean Reef Road and Mitchell Freeway
+ Single tenant minimum management investment
+ Wangara: One of Perth’s busiest industrial areas approximately 20km north of the Perth CBD
+ Perth: One of Australia's tightly held and sought-after industrial markets, with a close to all-time low vacancy rate of 1.6% as at Q4 2023.
+ Net Income: $680,000 pa + GST

Expressions of Interest
Closing 3pm (AWST) Thursday 27 June 2024
For further information please contact the agents directly

*Approx.

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Property ID: 504598356Last Updated: 12 Jul 2024

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