1/14 Sphinx Way

Description

** QUALITY WAREHOUSE / OFFICE SPACE – LEASED INVESTMENT **

FPS Commercial Property is delighted to offer For Sale 1/14 Sphinx Way Bibra Lake. Located in the commercial hub of Bibra Lake, this property is sure to suit a number of astute investors that want an A Grade industrial property on its portfolio.

It’s highly functional and close to North Lake and Stock Roads, offering great access to Perth’s main arterial road network.

The combined area of the building is 666sqm made up of approx. 523sqm of warehouse and the remaining 143sqm of office and amenities combined over two floors. The property was built and completed in 2015 and has a number of great features.

Features Included:
• 10m Warehouse Height
• Container Access
• Brilliant Top Level Office Fit Out
• Rear Yard
• Security
• Ample Parking
• Shower Facilities

Currently Industrial Zoned, allowing a range of business uses.

FOR SALE: From $1,200,000 (sold as a going concern)

LEASE DETAILS:
Tenant: WestState Electrics
Term: Initial term until 30th April 2022
Option: 3 years (tenant has exercised this option)
Rent: $61,500pa+GST + Outgoings (as of 1st May 2021)
Rent Reviews: Annual 2.5% increases with Market Review at Option Period.
Bond: $20,000.00
Standard Reiwa Lease in Place.

For Further Information please contact

– Craig on 0417 924 444 or [email protected]