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Under Offer

Turn-Key Investment Opportunity

PRICE
Under Offer
SIZE 5,974 sqm
MUNICIPALITY Shire of Northam Scheme No. 6
ZONING Light and Service Industry

15 Yilgarn Avenue, NORTHAM WA 6401

Property Features
  • Land is 5,974 m²

LAWD is pleased to present for sale 15 Yilgarn Avenue, Northam (the Property), situated in the commercial and industrial precinct.

Key Investment Highlights

Unique opportunity to acquire an existing commercial building, offering a reliable return on investment with a long-term and secure nationally recognised tenant.

Encompassing a securely fenced 5,974* square metre freehold title, featuring 143* metres of bitumen road frontage to Yilgarn Avenue.

Benefits from strategic accessibility and connectivity with convenient access to Yilgarn Avenue via York Road providing for B-Double truck access.

In proximity to the Great Eastern Highway, providing a direct link to the eastern Wheatbelt, Perth and surrounding suburbs for efficient logistics.

The Property is developed with a showroom, well-appointed offices, workshops, parts storage and machinery display areas.

Triple net lease providing an incoming purchaser with an immediate cash return per annum ($92,700* plus GST), plus annual rent increases (3%* plus GST).

Initial five-year lease term, beginning 15 February 2023, benefited by a further five-year term, with a market rent review.

15 Yilgarn Avenue is for sale by private treaty with offers from $1,050,000 excluding GST as a going concern.

*Approx

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Agents

Simon Wilkinson
+61 456 758 341
CONTACT AGENT

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