41-43 Baile Road, Canning Vale WA 6155

UNIQUE INVESTMENT OPPORTUNITY
• 100% Leased to ASX listed tenant
• Office/Warehouse of 10,460sqm*
• Total Site Area of 23,176sqm*

Knight Frank as exclusive selling agents are pleased to offer for sale by Request for Offers 41-43 Baile Road, Canning Vale.

Prominently positioned on Baile Road in proximity to Roe Highway, the property comprises a functional office/warehouse of some 10,460sqm situated on a 2.32Ha site.

The property is fully leased to J. Blackwood & Son Pty Ltd (a subsidiary of ASX listed Westfarmers Limited) with a WALE of 4.28 years.

Improvements comprise a freestanding office block situated at the front of the property, with a newly constructed dangerous goods store attached to the rear of a fully sprinklered, high truss warehouse benefiting from full vehicle circulation, drive through capability and all-weather loading from multiple canopies.

KEY FEATURES:
• Improvements: 10,460sqm*
• Site Area: 23,176 sqm*
• Blue Chip Industrial Area
• Proximity to Roe Highway and Kwinana Freeway
• Zoned "General Industry"
• 19km* to Perth CBD
• 18km* to Perth Airport

LEASE SUMMARY
• Fully leased to J. Blackwood & Son Pty Ltd
• Passing Net Income: $815,000 pa + GST
• WALE of 4.28 Years (as at 11th October 2021).
• Annual Rent Reviews: CPI
• Estimated Outgoings: $208,972 pa + GST (fully recoverable)

*Approx

The property is offered for sale via a "Request for Offers" campaign closing Thursday 4th November 2021 at 4.00pm AWST.
To request a copy of the information memorandum, please contact the exclusive selling agents.