Landbank Your Future – Fully Leased Land Rich Investment

Axia Corporate Property is pleased to present 12 Macadam Place, Balcatta.

The arrival of 12 Macadam Place to the market, represents a superb opportunity to acquire a substantial land holding. with quality leased improvements, within the highly held and well established Commercial/Industrial precinct of Balcatta.

More specifically, the offering comprises a complex of four (4) adjoining office/warehouse units each circa 250m², situated on 3,171m² of land with a two street frontage.  The properties corner position provides for an extensive street frontage of 117m²*

Investment Highlights:
– Substantial land holding
– Corner position with extensive frontage
– Solid improvements of circa 1,000m²*
– Fully leased
– Income stream with programed reviews
– Strategic Balcatta location
– Superb future development potential
– Tightly held precinct

The property is fully leased to four (4) individual tenants with a current net passing rental of $92,500 p.a*

Lease documentation will be provided as part of any due diligence process.

Whilst locational attributes are numerous, the property’s strategic and convenient location, some 12km* from Perth CBD, with superb proximity and accessability to major transport thoroughfares.  Such as Reid Highway, Mitchell Freeway, Wanneroo Road and alike, is unrivaled in many aspects.

*Approximate

For further information please contact Franco Gangemi 0418 930 504

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