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36 Hemisphere Street Neerabup, WA 6031


36 Hemisphere Street,
Neerabup, WA 6031

Warehouse, Factory & Industrial

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7.49% Return

This highly recommended investment demands consideration from an astute investor. This purpose built property is a recently completed office warehouse with specialised design features way beyond your average shed.

- The building is currently leased to Klen International who is a subsidiary of Avantor Performance Materials, a US company which was founded in 1867 and has a turnover in excess of $4 billion a year.
- Klen competes successfully with its national and international competitors and has become the largest manufacturer and supplier of Fire Assay Flux in the world.
- Distributing to over 63 countries worldwide, Klen is truly an international company.
- The building was purpose built for Klen with the foundations for a second floor office already built.
- The property and building has stringent licences granted specific to the site making it expensive for relocation of the tenant in the future.
- The building is adaptable to allow future industrial uses should the tenant vacate at the conclusion of their lease.
- 4.5 years remaining on current lease with a 5 year option.
- Annual rent increases to CPI
- Significant depreciation allowances.

* subject to mortgage

For further information or to arrange an inspection please contact:
Brett Wilkins
M: 0478 611 1...

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Property ID: 502383618Last Updated: 19 May 2020

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36 Hemisphere Street
Neerabup, WA 6031
12-14 The Esplanade
PERTH, WA 6000
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