Fully Leased Light Industry Investment

Nick Johnston is proud to present 18 Clementson Street, Broome - an outstanding investment opportunity securely leased to Tradelink Pty Ltd, one of Australia's leading trade suppliers.

PROPERTY SUMMARY:
• Site Area: 2,005 sqm
• Lettable Area: 420 sqm
• Gross Building Area: 524 sqm
• Zoning: Light Industry
• Tenure: Fully Leased

LEASE SUMMARY
• Lessee: Tradelink Pty Limited
• Lease and Options through to 2038.
• Net Rental: $94,327 pa excluding GST plus outgoings.
• Reviews: Annual CPI Reviews. MKT at option. (Next CPI Review October 26)

PROPERTY HIGHLIGHTS:
• Securely leased to Tradelink Pty Ltd, a quality national tenant in continuous occupation since 2000.
• Long-term tenant security with CPI-linked rental growth throughout the term.
• Prominent, sought after location on Clementson Street, with direct access to Port Drive and Guy Street.
• Versatile warehouse, showroom and office accommodation.
• Extensive on site bitumen parking provided.
• Convenient access Direct access to both Guy Street and Port Drive.

IMPROVEMENTS
• Workshed (255 sqm) incorporating an air-conditioned showroom/office (40 sqm).
• Additional Air-conditioned showroom (60 sqm) with mezzanine above.
• 2 additional office spaces (50 sqm)
• Bathroom (4 sqm)
• Covered work/loading area (80 sqm).
• Rear warehouse and storage area (110 sqm)
• Front Verandah (24 sqm)
• Full Boundary fencing with secure gated access.
• Extensive bitumen hardstand and paved area for parking.

18 Clementson Street represents an excellent opportunity to secure a quality leased investment underpinned by a long standing national tenant, secure income stream and built in CPI rental growth in a sought after location.

Offers Invited. All genuine interest considered.

Outgoings:
Council Rates $8,721
Insurance: $5,640
Water Rates: $493

GST: The property is intended to be sold as a GST-free going concern, subject to the requirements of the GST legislation being satisfied

All information is provided in good faith and no warranty is given as to accuracy, interested parties should rely on their own enquiries

Areas are approximate only and should not be relied upon.

For further information to arrange an inspection, please contact:
Nick Johnston
Phone: 0417 714 976
Email: nick.johnston@raywhite.com

Inspections

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School catchments

St Mary's College Secondary PP-12 Catholic 1.2km
St Mary's College - Primary Campus Primary Catholic 1.4km
Cable Beach Primary School Primary K-6 Government 1.6km
Broome Senior High School Secondary 7-12 Government 2.2km
Broome Primary School Primary K-6 Government 2.3km
Roebuck Primary School Primary K-6 Government 3.7km
Broome North Primary School Primary K-6 Government 5.2km
La Grange Remote Community School Combined K-12 Government 91.8km
Sacred Heart School Combined PP-10 Catholic 119.9km
Kimberley School Of The Air Primary K-6 Government 167.0km
Derby District High School Combined K-12 Government 167.0km
Holy Rosary School Primary PP-6 Catholic 167.1km
Christ the King Catholic School Combined PP-10 Catholic 177.1km
Nyikina Mangala Community School Combined PP-10 Independent 189.4km
One Arm Point Remote Community School Combined K-12 Government 191.8km
Looma Remote Community School Combined K-12 Government 204.0km
Ngalapita Remote Community School Combined K-9 Government 276.2km
Kulkarriya Community School Combined PP-8 Independent 281.6km
Wulungarra Community School Combined 1-9 Independent 302.4km
Manjali Studio School Secondary 7-9 Independent 304.7km
Yiramalay Studio School Secondary 10-12 Independent 334.2km
Yakanarra Community School Combined PP-9 Independent 333.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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