2 Thorpe Way,
Kwinana Beach, WA 6167
Warehouse, Factory & Industrial
Key property information
Floor area
Property extent
Tenure type
Sold on
Map of 2 Thorpe Way
Prime WA Industrial Investment Opportunities
- Long WALE Investment Opportunity
- Triple-Net Lease Structure
- A-Grade Lease Covenant
Savills are pleased to present to the market for sale, two investment properties at 2 Thorpe Way, Kwinana Beach & 147 Barrington Street, Bibra Lake.
Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd.
Key investment highlights as follows;
• 2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent
• 147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent
• Fully leased to MinRes Properties Pty Ltd
• Leased until 31 December 2034, plus 5 year option
• 3.5% fixed annual increases
• Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
• Triple-net lease structure
*approximate
The properties are being offered individually, or in a line, by way of an EOI closing 4pm 23rd October 20224.
For further information or to arrange an inspection, please contact the exclusive selling agents below.
Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd.
Key investment highlights as follows;
• 2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent
• 147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent
• Fully leased to MinRes Properties Pty Ltd
• Leased until 31 December 2034, plus 5 year option
• 3.5% fixed annual increases
• Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
• Triple-net lease structure
*approximate
The properties are being offered individually, or in a line, by way of an EOI closing 4pm 23rd October 20224.
For further information or to arrange an inspection, please contact the exclusive selling agents below.
Kwinana Beach, 6167 demographic data
The median household income for Kwinana Beach is $1,125, 40% lower than Greater Perth's household income of $1,865. Kwinana Beach has an older age profile compared to the rest of Greater Perth (median age 56 vs 37). Property ownership data shows 100% of property owners in Kwinana Beach have a mortgage.
42
Population
$1,125 per week
Median household income
56 years
Median age
Owners
Most residents
Families
Most households
Savills - Perth
Level 7, Westralia Square 2, 143 St Georges TerracePERTH, WA 6000
2 Thorpe Way
Kwinana Beach, WA 6167
Savills - PerthLevel 7, Westralia Square 2, 143 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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