DFR Commercial are pleased to present to the market this Industrial Investment with five separate units all leased to long term tenants showing a nett annual return of $107,200. The property is an ideal hold and redevelop down the track with loads of scope and potential.

The block is a rectangular corner lot with a depth of 102 metres and good size frontage with a dog's leg equaling 51 metres having dual access points and crossovers.
Current tenants use includes a prominent local glass and security screen business which has been servicing the local area for 35 years. Towards the rear of the lot is another locally owned and operated business which claim to be the best Party Hire company in Perth.

These properties are becoming increasingly hard to acquire and has the added advantage of having leases in place to proven tenants. If you are looking to plan and require a property with a steady income today, then this property is ideal.

The property is well located to service the bustling Town of Rockingham with its huge residential, industrial, and commercial centres as well as the heavy industrial Kwinana strip to the north being only 4.8 kilometres away.

With a Light Industry zoning the property is well suited to its current tenants use and will allow for a multitude of future uses (STCA) should you decide to develop down the track.

Features include:
- Total land area 4,821m2
- Total building area 1,947m2
- Nett annual return $107,000
- Leased to three long term tenants
- Buy now and develop later
- Great location close to Rockingham CBD
- Unit 1 - 947m2 lease expires 30/09/23 with 3 + 3 3-year options
- Leased @ $48,200 p/a + GST + O/Gs
- Unit 2 - 250m2 & Unit 4 - 250m2 lease expired and currently periodical
- Leased @ $29,500 p/a + GST + O/Gs
- Unit 3 - 250m2 & Unit 5 - 250m2 lease expires 30/11/24 with 3-year option
- Leased @ $29,500 p/a + GST + O/Gs

Approximate annual outgoings: Council rates $16,142, water rates $2,366, insurance $4,200 and land tax $1,326.
TOTAL: $24,034


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