Sold
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
| Price: | Sold |
| Address: | 12 Macadam Place |
| City: | Balcatta |
| State: | WA |
| Post Code: | 6021 |
| Square Metres: | 1,000sqm |
| Land Square Metres: | 3,171sqm |
| Carbays: | 28 |
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