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3 Archer Street Minyirr, WA 6725

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3 Archer Street Minyirr, WA 6725

Warehouse, Factory & Industrial
Sold Price

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Land area

0.81ha (2.01 acres)

Floor area

708.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

06 Aug 2018

LONG TERM FREEHOLD INVESTMENT IN STRATEGIC NORTH WEST INDUSTRIAL LOCALITY

  • Strong tenant covenant
  • 10 Year lease with 3x5 year options
  • 8,122sqm* site area

CBRE are pleased to present for sale 3 Archer Street, Minyirr, BROOME Western Australia. Minyirr is a strategically located and long established industrial area which is home to a number of national and international tenants within the township of Broome. Also located within close proximity to Broome’s International Airport and Broome’s Town Centre.

DESCRIPTION

Well designed industrial building with huge 8,122sqm* site area accommodating ample yard space and future development potential (STCA).

LOCATION

The property is situated within the shire of Broome. Broome is located in the Kimberley Region of Western Australia some 2,240 kms north of Perth.

NET INCOME

$160,000 per annum plus GST. Outgoings fully recovered from tenant.

LEASE TERM

Ten (10) years with 3 x Five (5) year options.

RENT REVIEWS

3% annual increases.

BUILDING AREAS

Total Building Area: 708sqm*

Site Area: 8,122sqm*

ZONING: General Industry

Please contact selling agents for a copy of the contract of sale document.

*approx

Property ID: 502860910Last Updated: 20 Sep 2018

Agency contacts

CBRE - Perth

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CBRE - Perth

Level 25, QV1, 250 St Georges Terrace
PERTH, WA 6000
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Send to:

Warick Irving
CBRE - Perth
3 Archer Street Minyirr, WA 6725

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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