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398 Albany Highway, Orana, WA, 6330

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398 Albany Highway, Orana, WA, 6330

Orana

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398 Albany Highway, Orana, WA, 6330

Orana

SOLD
398 Albany Highway, Orana, WA, 6330

398 Albany Highway, Orana, WA, 6330

Properties / Sold / Western Australia / Orana
Tenanted Investment
Selling Method
Under Offer
Selling Details
Under Offer
Land Area
11,429 m² (*approx)
Floor Area
11429 m² (*approx)
Property Type
Industrial, Retail
Sub-type
Office/Warehouse, Warehouse Showroom, Large Format
Est. Income
$680,710 p/a
Show All
Exceptional opportunity
  • 3,207sqm* of NLA across 4 buildings
  • New 5-yr lease with options to 2045
  • Net income: $680,710 + GST

CBRE is pleased to present this premium automotive investment located across two titles at 398 & 400 Albany Highway, Orana.

398 & 400 Albany Highway Orana represents an exceptional opportunity to acquire a unique investment, providing investors scale and a significant holding in one of WA’s well-established regional towns.

Strategically located on Albany Highway, which is the major throughfare connecting the southwest to Perth, the property benefits from being positioned over a 11,429sqm* landholding, which has recently undergone major refurbishment, requiring no capital expenditure in the short to medium term.

• Combined 11,429sqm* freehold landholding

• 3,207sqm* of NLA across 4 buildings

• New 5-yr lease with options to 2045

• Net income: $680,710 + GST

• Tenant responsible for rates, taxes, insurance and repairs and maintenance

• Annual CPI reviews

• Leased to national tenant Autoleague: 20 locations across WA, VIC & QLD

• Recent capital expenditure of circa $3 million undertaken across 4 buildings in 2023.

398 & 400 Albany Highway, Orana is for sale via Private Treaty. All offers presented by Monday 10th February at 12pm.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

398 Albany Highway Investment Summary

Property Type
Industrial, Retail
Sub-type
Office/Warehouse, Warehouse Showroom, Large Format
Est. Income
$680,710 p/a
Land Area
11,429 m² (*approx)
Floor Area
11429 m² (*approx)
Selling Method
Under Offer
Selling Details
Under Offer

Investment Highlights

Exceptional opportunity
  • 3,207sqm* of NLA across 4 buildings
  • New 5-yr lease with options to 2045
  • Net income: $680,710 + GST

CBRE is pleased to present this premium automotive investment located across two titles at 398 & 400 Albany Highway, Orana.

398 & 400 Albany Highway Orana represents an exceptional opportunity to acquire a unique investment, providing investors scale and a significant holding in one of WA’s well-established regional towns.

Strategically located on Albany Highway, which is the major throughfare connecting the southwest to Perth, the property benefits from being positioned over a 11,429sqm* landholding, which has recently undergone major refurbishment, requiring no capital expenditure in the short to medium term.

• Combined 11,429sqm* freehold landholding

• 3,207sqm* of NLA across 4 buildings

• New 5-yr lease with options to 2045

• Net income: $680,710 + GST

• Tenant responsible for rates, taxes, insurance and repairs and maintenance

• Annual CPI reviews

• Leased to national tenant Autoleague: 20 locations across WA, VIC & QLD

• Recent capital expenditure of circa $3 million undertaken across 4 buildings in 2023.

398 & 400 Albany Highway, Orana is for sale via Private Treaty. All offers presented by Monday 10th February at 12pm.

Remember to mention you found this property on CommercialReady

Read More

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398 Albany Highway, Orana, WA, 6330

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Property Location of 398 Albany Highway, Orana, WA, 6330

Property Map
398 Albany Highway, Orana, WA, 6330 Orana
CBRE - Perth
CBRE - Perth
Level 25, QV1, 250 St Georges Terrace PERTH, WA 6000
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