Knight Frank as exclusive selling agents are pleased to offer for sale by Request for Offers 18 Jackson Street, Bassendean.
Prominently positioned at the intersection of Jackson, Lavan and Clune Streets, the property comprises a generous 3.738Ha “General Industry” zoned site improved with various office/warehouse improvements totalling some 5,532 sqm*.
The site features circa 23,830 sqm* of immediately developable land with the balance of the site leased to Commonwealth Steel Co Pty Ltd for a term of 3 years (from settlement) providing an attractive holding income.
KEY FEATURES:
• Improvements: 5,532sqm*
• Site Area: 37,380sqm*
• Blue Chip Industrial Area
• Easy access to Tonkin Highway via Collier Road
• Proximity to Kewdale Freight Terminal
• Zoned "General Industry"
• 8km* to Perth Airport
• 10km* to Perth CBD
LEASE SUMMARY
• Partially leased to Commonwealth Steel Co Pty Ltd
• Passing Net Income: $150,000pa
• Term: 3 years (from settlement)
• Options: Nil
• Estimated Outgoings: $191,680* pa (fully recoverable)
*Approx
The property is offered for sale via a "Request for Offers" campaign closing Thursday 30 March 2023 at 4.00pm AWST. To request a copy of the information memorandum, please contact the exclusive selling agents.
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