187/11 Watson Drive, Barragup, WA 6209

The property comprises a total of 1451m2 on title consisting of a large well presented 632m2 building showroom/warehouse of which approx 54m2 is the office/shop, PLUS there are mezzanine offices (approx. 30m2) and storage areas and in addition there is 819m2 of fenced land alongside.

The showroom plus a small portion of the land and two exclusive use car bays is leased.

There is an extra approx 735m2 of sealed land that is leased on a month to month basis.

The showroom is located at the front portion of a storage unit complex that was built in 2008 and is largely concrete tilt panel with a curved metal roof and truss height ranging between approx. 5.5m to 6.7metres. There is near new high bay LED lighting, a modern kitchen/lunchroom. The building has 3 x roller door access points and a direct access path to Watson drive so clients have direct access to the office and don't need to enter the storage unit facility.

Surrounding the front of the building is excellent security with high fencing, including some electric fencing and CCTV cameras. The hardstand area is mainly red bitumen but there are garden beds inside the fence to the front perimeter (not included in the useable area calculation)

LEASE DETAILS:

The Showroom/warehouse including two additional exclusive use carbays as well as the parking to the front of the premises and a small portion of the hardstand, are leased and generate a net rental of $79,632pa.

The 5yr + 5yr lease commenced 1/12/2022 with annual 5% increases.

The tenant pays the rates and taxes, the strata levies, the GST, and their consumables.

The hardstand of approx 735m2 is leased on a month to month basis for $1250 per calendar month.

For details or an inspection contact Peter Vetten, your commercial property specialist with Local Knowledge and National Strength.

DISCLAIMER: Every care has been taken to verify the accuracy of the information contained in this advertisement, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.