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WEIR, 41 Kayili Road, WEST KALGOORLIE, WA, 6430

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+16 Photos

+18 Photos

Properties / Buy / Western Australia / West Kalgoorlie

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

10,017 m² (*approx)

Floor Area

2720 m² (*approx)

Property Type

Industrial, Other

Sub-type

Office/Warehouse

Terms

New 10 year head lease to 2030 with an option to 2035

Est. Income

$544,487 p/a

Fully Leased

Weir Minerals Australia Pty Ltd

Show All

2. Property Highlights

Secure International Blue Chip Investment

Brand new industrial asset
Head lease to Weir
Ten year lease with five year option

+ Expansive 10,017sqm site with double street frontage to Kayili Road and Yulpari Road and 500m from the Great Eastern Highway.

+ New 10 year head lease to Weir Minerals Australia Pty Ltd to 2030 with an option to 2035.

+ Tenant pays 100% of outgoings as per lease.

+ Annual CPI rent reviews capped at 4%.

+ Brand new building, constructed late 2020 and consists of 2,057sqm of Workshop / Storage, 130sqm mezzanine storage, 533 office with a total NLA 2,720sqm.

+ WEIR - multinational engineering company listed on the London Stock Exchange with a market cap of £4.67 Billion GBP and employs over 11,500 people in over 50 countries serving mining, infrastructure and oil and gas markets.

+ Kalgoorlie - Located 595km East Northeast of Perth in Western Australia, with a population of over 30,000 and one of the most resource rich areas in the world with a vast mineral base of gold, nickel, lithium and iron ore.

+ Net income; $544,487pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Thursday 16 December 2021

Hilton, Brisbane

Co-Agent

Gilmore Advisory

Marcus Gilmore

0407 371 275

marcus@mlgrealty.com.au

Remember to mention you found this property on CommercialReady.com.au

Property Type

Industrial, Other

Sub-type

Office/Warehouse

Est. Income

$544,487 p/a

Number Of Tenants

Tenant

Weir Minerals Australia Pty Ltd

Terms

New 10 year head lease to 2030 with an option to 2035

Land Area

10,017 m² (*approx)

Floor Area

2720 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

Secure International Blue Chip Investment

Brand new industrial asset
Head lease to Weir
Ten year lease with five year option

+ Expansive 10,017sqm site with double street frontage to Kayili Road and Yulpari Road and 500m from the Great Eastern Highway.

+ New 10 year head lease to Weir Minerals Australia Pty Ltd to 2030 with an option to 2035.

+ Tenant pays 100% of outgoings as per lease.

+ Annual CPI rent reviews capped at 4%.

+ Brand new building, constructed late 2020 and consists of 2,057sqm of Workshop / Storage, 130sqm mezzanine storage, 533 office with a total NLA 2,720sqm.

+ Net income; $544,487pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Thursday 16 December 2021

Hilton, Brisbane

Co-Agent

Gilmore Advisory

Marcus Gilmore

0407 371 275

marcus@mlgrealty.com.au

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment