FULLY LEASED GLOBAL HEADQUARTERS OFFICE, LABORATORY, WAREHOUSE INVESTMENT!
Cushman & Wakefield’s Investment Sales and Logistics & Industrial teams WA are pleased to present a significant 7,419 sqm* corner site comprising two interconnected freestanding buildings providing approximately 6,032sqm* of office, laboratory, warehouse, storage accommodation, plus a popular café, and 148 car bays.
This high quality fully leased suburban investment offers immediate cash-flow certainty and long-term income security, underpinned by a long-dated WALE and internationally backed ASX 200 listed tenant covenant IMDEX Limited.
IMDEX Ltd occupies 5,791sqm* and uses the property as its global headquarters, incorporating corporate offices, specialised laboratories, warehouse accommodation, and a global network operating centre, operating across more than 40 countries. The IMDEX Ltd lease runs until August 2030 with two further three-year options and fixed annual rental increases of 3% with an income of $1,277,452pa*.
The property includes PC2-rated laboratory space, a high-clearance warehouse with a 5.5-tonne gantry crane and IMDEX’s global network operating centre, alongside high-quality corporate accommodation and staff amenities including an expansive 313sqm balcony overlooking Richard Guelfi Reserve.
The asset underwent a $2.42 million refurbishment in 2024, including technology and amenity upgrades, expanded end-of-trip facilities, EV charging, upgraded wet areas, new flooring, and improvements to the building’s air-conditioning systems. Solar capacity has been expanded to 300kW across the two buildings, which currently achieve a 4.5-star NABERS Rating with an expected increase after 6 months of system performance.
Urban Kitchen Café occupies a prime corner position of 113sqm plus outdoor terrace area capturing a strong local audience with an income of $35,546pa*.
Positioned on the corner of Balcatta Road and Natalie Way, the property has approximately 65 metres of frontage to Balcatta Road and more than 70 metres to Natalie Way. Its location provides access to the Mitchell Freeway, Reid Highway and Wanneroo Road, connecting the property with the Perth CBD, airport and major northern industrial precincts.
This is far more than a conventional office and warehouse asset. The facility has been purpose-built around the operational requirements of a global mining technology business, with significant capital invested in specialised infrastructure and improvements over time. With a market shortage of comparable, high-quality suburban stock, 216 Balcatta Road, presents a highly compelling investment opportunity boasting a modern refurbished asset with a high-quality tenant covenant, secure income and future versatility!
Approximate*
For Sale by Expressions of Interest campaign closing Wednesday, 17th September 2026 at 2pm (AWST).
For further information or to arrange an inspection please contact the exclusive agents:
Nick Charlton M: 0467 399 681
Ben Younger M: 0410 533 679
Ross Palframan: 0421 748 874
Nick Goodridge: 0421 812 159
Remember to mention you found this property on CommercialReady
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