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Landbank Your Future – Fully Leased Land Rich Investment

Sold
  • $2,100,000
  • Property Type:
  • Location:
  • Sqm: 1,000m²
  • Lot Sqm: 3,171m²

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:$2,100,000
Address:12 Macadam Place
City:Balcatta
State:WA
Post Code:6021
Square Metres:1,000m²
Land Square Metres:3,171m²
Carbays:28
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