Share this property

realcommercial.com.au
Burgess Rawson  - Perth

29 Excellence Drive Wangara, WA 6065

Directions

29 Excellence Drive,
Wangara, WA 6065

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

Price information

Sale - Expression of Interest closing Thu 27 Jun

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Expression of Interest

Add to calendar

Private inspections

to arrange a private inspection.
Burgess Rawson  - Perth
Rob Selid

Burgess Rawson - Perth

Level 10, 225 St Georges Terrace
PERTH, WA 6000
Burgess Rawson  - Perth
29 Excellence Drive
Wangara, WA 6065

Map of 29 Excellence Drive

Directions
  • 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 Dr149 m
    Motivation Dr After Challenge BVD264 m
    Gnangara Rd Before Hartman Dr522 m
    Gnangara Rd After Hartman Dr543 m
    Gnangara Rd Before Klaraborg Dr586 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.

Explore property virtually

Video

If you'd like to inspect this property in person, please to arrange a private inspection.

Property ID: 504598356Last Updated: 14 Jun 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson - Perth

Other properties you might be interested in based on the location and property type you are looking at.