Secure Investment Opportunity in Canning Vale

Unit 1, 1 - 5 Mallaig Way, Canning Vale, Western Australia 6155

Industrial For Sale

For Sale
Land Area: 558.00 m2.    Floor Area: 558.00 m2.    
Sale Price: $1,215,000.00.

Description

Colliers International is pleased to present Unit 1/ 1-5 Mallaig Way Canning Vale. This property is a quality 2 level strata unit, currently leased to BMS Laser Sat Pty Ltd and being sold as a leased investment.

The property presents exceptionally well and has had extensive council approved upgrades and has been designed with finishes more often seen in corporate accommodation in the city than a metropolitan industrial precinct.

The configuration of the property is as follows:

• Ground: 352.05 sqm
• Level 1: 206.06 sqm
• Total area: 558.11 sqm

Lease details:

• Lessee: BMS Laser Sat Pty Ltd.
• Current income: $66,790pa net
• Increases: Annual to CPI with a Market Review at the commencement of the option
• Lease Commencement Date: 5 Feb 2016
• Lease Expiry Date: 4 Feb 2021
• Option: Five years

The property benefits from a high profile corner position as it is located on the corner of Modal Crescent and Mallaig Way. It has an entry gate in front of the roller door of the tenancy, and on many fronts it presents almost as a standalone facility.

To arrange an inspection or for further information please contact the exclusive leasing agents.

Features

  • Secure Investment Opportunity in Canning
  • Secure Lease to February 2021
  • Quality Strata Unit with High Exposure

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