Modern Office Building in Technology Park Leased to ASX Listed Tenant

Colliers International are pleased to present to the market 1 Watts Place, Bentley WA.

FEATURES
- Modern Office Building in Technology Park Leased to ASX Listed Tenant
- Leased to Swift Networks until 2023
- Architectural Award-winning Building
- Net Lettable Area: 931 sqm approx.

THE OPPORTUNITY
Opportunity to secure a modern high-quality office building, 100% leased to a single tenant until mid-2023.

THE LOCATION
Located in Technology Park Bentley, home to more than 100 organizations, covering academia, technology-based industry, research and development.

IMPROVEMENTS
Modern, high quality, 2 storey suburban commercial office building. Ground floor has a reception area with an attached boardroom, a large kitchen area, an electronics assembly area and a storage warehouse. First floor consists of office suites, meeting areas and large open office area.

Zoned for ‘Special use (Victoria Park) Technology Park’ – Research & Development’

LAND DETAILS
Frontage to Watts Place: approx. 26 metres
Total land area: approx. 1,390 sqm

TENANCY
Building is fully tenanted by ASX-listed Swift Networks, who have been in place since it was built in 2013.
Net income approx. $401,008.40 net per annum.

ASKING PRICE
Offers Invited.

Please refer to Henry Vu or Tory Packer for further information.