15 Vanden Way, 10/15 Vanden Way,
Joondalup, WA 6027

Regents Commercial are pleased to present Unit 10/15 Vanden Way, Joondalup for Sale!! An excellent opportunity to invest in a fully tenanted warehouse space, offering a reliable income stream from well-established tenants.

This 282m2 strata titled showroom/warehouse is situated within a neat and tidy complex of 10 units, the space is fitted out and utilized as an office, with an additional mezzanine floor. The current tenants have maintained this space very well, with regular upkeep and repairs to maintain the condition of the property.

The warehouse/office space is located in a tightly held commercial/industrial area, surrounded by many recognized businesses and well-known brands, as well as enjoying close proximity to Lakeside Joondalup Shopping Centre, Joondalup Train Station and major roads including Joondalup Drive and Mitchell Freeway.

The current tenants are a very well-established 20-year business, Central Fire Services, who have recently agreed to a new 5+5 year lease to be signed at the settlement of this property, offering a buyer a 6.5% yield, which presents a very reliable return on your investment.

Central Fire Services have a proven track record of reliability and success in their industry, they have been in operation for several years, demonstrating consistent growth and a strong commitment to their business.

With long term leases and dependable tenants this property is an excellent opportunity for investors looking for stability and growth.

Please do not hesitate to contact me if you have interest in securing this valuable asset!