INDUSTRIAL COMMERCIAL PARTNERS




edition 16
Recently two of the ICP partner agencies; Link Property Services (NSW) and MLV Commercial & Industrial Real Estate (WA), collaborated resources to secure a specific industrial facility for Royal Foods Aust Pty Ltd, who were seeking to expand their national footprint.
Link Property Services began assisting Royal Foods Aust Pty Ltd with property advice in 2012 as they began their plans for expansion in Sydney. This advice culminated in the search and later successful negotiation of a lease of 5,149sqm of near new office, warehouse including cold store and freezer in 2016.
As Royal Foods began their subsequent expansion, a review of their business in Perth identified a need for new accommodation. Link Property Services facilitated the introduction of Royal Foods to Industrial Commercial Partner, MLV Commercial & Industrial Real Estate in Perth. Through a period of several years, MLV worked closely with the owner of Royal Foods providing sage real estate advice to assist them familiarise themselves with the Perth Industrial market.
MLV were charged with the brief to locate a suitable freezer/coolroom etc facility which included freezer space, coupled with dry storage and cool room space. In February 2023, 11 years after the initial contact between Link Property Services and Royal Foods Aust Pty Ltd, Stefan Quaresimin from MLV Commercial & Industrial Real Estate successfully identified a suitable site and conjuncted with listing agency Industrious Property Group and subsequently negotiated a lease.
Royal Foods benefited from high quality and outstanding real estate advice, continuity of service between the Industrial Commercial Partners (ICP), and a genuine dedication from its agents to work closely with clients and customers over the long term to generate the best outcome. Proof that ICP partners are invested in real relationships and play the long game in the interests of its customers and clients
The Melbourne South East Industrial market is currently experiencing sustained limited supply, which is generally maintaining prices despite reduced confidence in the market. The limited supply is caused by several factors such as high demand for industrial properties, scarce land for development and limited new construction activity. As a consequence, businesses and investors continue to encounter sturdy competition for A & B grade industrial spaces, resulting in higher rental rates and strong sale prices.
The biggest group of active buyers in the market recently has been in the owner occupier space and it will be interesting to see if this trend will continue throughout 2023 given interest rate pressures. Previous cycles have seen a trend towards leasing when rates lift as businesses look to redirect capital into supporting their balance sheets. The point of difference this time around is that rents have also significantly lifted. This is definitely an issue that we will be keeping a close eye on to see what trends will emerge in the next quarter.
As mentioned above we have seen strong gains in industrial rentals which has provided a great opportunity for landlords when they reach a market review or need to come back to the market.
These increases have allowed us to reposition some assets for the next cycle and improve property values. They have also more then offset the softening of yields expected in the short – medium term.
Our first auction of the year in February provided some insights around buyer confidence. Despite located in a tightly held pocket the volume of bidders and bids was down from previous quarters. We still managed to sell under the hammer however the reserve was only just exceeded. A clear indication that buyer confidence has softened as we await the levelling out of interest rates which appears on the horizon. A well thought out marketing strategy when divesting has never been more critical.
“Businesses and investors continue to encounter sturdy competition for A & B grade industrial spaces.”
Matt O’Dea, Facey Property
4 Langmore Lane, Berwick, VIC
$386 - $415 per m² excluding GST p.a.
Available to lease in early 2023 this well appointed office offers the occupier:
- Ground floor of 604m²
- first floor of 553m²
- total of the two (2) lettable areas is 1157m²
- Fully fitted including air-conditioning, break out/ entertainment zones, quality reception areas and some partitioning (can be open plan)
- Lift from basement carpark to both levels.
- 35 carparks including 21 secured and undercover
- Grow your business in Berwick and provide your team with a better environment in 2023
LAND AREA
1,120m²
BUILDING AREA
Total 1,157m²
Individual range
553 – 1,157m²
ZONING
CONTACT
Mark Bond 0419 386 882
mark.bond@faceyproperty.com.au
Adam Strachan 0499 419 890
adam.strachan@faceyproperty.com.au
Commercial 1
Noble Business Park, 409-423 Princes Highway, NOBLE PARK
Contact agent for pricing.
• Business exposure to Princes Highway
• Full height glazing to showrooms and offices
• Flexible sizes/layouts from 590-787m²
Noble Business Centre is ideally positioned in the heart of Melbourne’s south eastern suburbs and within minutes to both the Eastlink and Monash freeways. Featuring premium frontage onto Princes Highway for all units, Noble Business Centre offers unrivalled business exposure and access to greater Melbourne.
LAND AREA
5,737m²
BUILDING AREA
Total 5,742m²
Individual 590 – 787m²
ZONING Mixed Use
CONTACT
Matt O’Dea 0448 566 556
matt.odea@faceyproperty.com.au
Josh Kendall 0418 322 443
josh.kendall@faceyproperty.com.au
• Nett passing income $190,111 PA
• Prominent highly visible position
• Numerous surrounding well known brands
Take advantage of this exciting dual premises investment property zoned Commercial 2 - 3859m2 in land size. A quality nationally recognised tenant in Lollipops children’s entertainment centres and a separate adjoining warehouse business provide a combined passing net income of $190,111 PA, both offer direct street frontage and approximately 50 onsite car parking spaces. However, the hidden bonus lies within in the land potential for future sub-division (STCA) given the size, location and multi title offering.
David Politakis
0448 726 313
AREA
david.politakis@faceyproperty.com.au
Mark Bond
2,165m²
0419 386 882
mark.bond@faceyproperty.com.au
•
• Over 7,650m² of retail space
• Full line Coles Supermarket
• Over 300 carparks (139 in basement)
St Germain Central is at the heart of Casey’s newest and best town centre. Construction progressing with a completion date of November 2023. Positioned at the juncture of Thompsons & Bells Roads Clyde North. St Germain Central’s includes a large full line Coles supermarket complimented with 19 specialty tenancies, a medical precinct offering 3,100m² in its first stage and so much more. Both Thompsons & Bells Road are planned key arterials maximising connectivity to the greater Clyde area.
BUILDING AREA
Total 11,073m² approx.
Individual Range 40 – 3,838m²
LAND AREA
1 Hectare
CONTACT
Mark Bond
0419 386 882
mark.bond@faceyproperty.com.au
Adam Strachan 0499 419 890
adam.strachan@faceyproperty.com.au
The Brisbane industrial market remains highly competitive. The leasing sector is reminiscent of Sydney’s office market in recent times, with many landlords running off-market expressions of interest campaigns to capitalise on the pentup demand from tenants who are struggling to find suitable accommodation. Financial pressures from the consistent rates rises have impacted both the owner occupier and investor space from the sales side of the fence, with yields softening and borrowing capacity reducing.
For the first time since major disruption of Covid 19, the office market is showing signs of life in both sales and leasing. Vacancy rates are improving as the workforce continues to return to the office with rental rates and incentives stabilising.
For sales, while yields may be comparatively soft, it is promising to see a number of sizable transactions from the larger end of town, with quite a few funds securing major office buildings in key metropolitan areas in the last 6-months; no doubt looking to capitalise on the upcoming infrastructure projects attached to the Olympic Games in 2032.
Retail isn’t out of the woods yet. Despite promising improvements throughout 2022 the December/January trade period delivered underwhelming results with monthon-month turnover falling 3.9% in December. This combined with supply chain issues, costs of goods increasing, and staff shortages mean that retailers are in for a challenging end to the FY.
Leasing has remained quite consistent, Prime & A-Grade centres continue to benefit from strong tenant demand with well-presented and located tenancies still being highly sought after. B & C-grade are lagging behind as tenants are still a little shy of tenancies that aren’t the perfect fit. Yields have started to soften too, particularly on trophy, long-WALE assets as investors seek out opportunities with rental or development upside to off-set raising interest rates.
“The Brisbane industrial market remains highly competitive.”
Daniel Hutchinson, FAL Property Group
• Massive 2.53ha General Industry site
• Warehouse & Office 5,800sqm
• DA for second warehouse at rear
• 80m frontage
• B-Double access & drive around capability
• Currently leased until mid-2023 approx $392,000 gross p/a +GST
This 25,300sqm site in the heart of Rocklea is ideal for owner occupiers and developers alike. The ample excess hardstand at rear provides for additional storage space or for a second building. The existing building at front is 5,800sqm in size, provides ample hardstand for its own use both in front and behind, currently providing $392,000 holding income.
CONTACT
John Andrew 0488 018 998
john@falproperty.com.au
• ESFR sprinklers throughout
• 60kw solar power
• Two recessed loading docks
• Secure lockable hardstand
• Onsite café
• Dual street access
Located in the centre of the prime industrial hub of Coopers Plains, this modern spacious warehouse is in the neat and tidy Arcadia Industrial Estate and is packed with features. With great exposure to Boundary Road and with easy access to the arterial links of Beaudesert Road and the Pacific Motorway, this property offers a quality warehouse with loading dock and ample onsite parking. This is a flexible and functional space, which will suit a wide range of users.
John Andrew 0488 018 998
john@falproperty.com.au
274 Stafford Road, Stafford QLD
Contact Agent for Pricing
• Purpose built Veteran health and welfare facility
• 7 Year leases to the Federal Government (Department of Veterans’ Affairs & RSL Queensland)
• Returning $1,114,046.50 P.A Net + GST
• Brand new development with significant depreciation benefits
• 76 Onsite carparks, 41 secure & undercover
• Practical completion Q1 2023
274 Stafford Road, Stafford is the flagship Veteran Health & Wellbeing centre. Upon completion in July 23, the Hub will provide mental & physical aid to Veterans through a variety of services including GP’s, psychologists, physiotherapy & rehabilitation.
BUILDING AREA
CONTACT
2,229 sqm
Daniel Hutchinson 0434 314 624
daniel@falproperty.com.au
LAND AREA
3,655 sqm
ZONING
Jeremy Conybeare 0411 228 233
jeremy@falproperty.com.au
982 Waterworks Road,
Contact Agent for Pricing
• 140-371sqm tenancies available
• Great signage potential & exposure
• High foot traffic location
• Located next door to Coles & Aldi anchored retail centre
• Available now!
982 Waterworks Road is a freestanding building located in front of the Gap Village Shopping Centre. The 371sqm tenancy consists of 285sqm of ground floor retail space, with an additional 86sqm of first floor office.
BUILDING AREA
CONTACT
371 sqm
Daniel Hutchinson 0434 314 624
daniel@falproperty.com.au
ZONING
DC1 – District Centre
Zoning
LOT 3/5 Gardner Close, Milton, QLD
$3,650,000 (nil GST sold as a going concern)
• $331,280 pa gross + GST (NET income $254,314 pa + GST)
• Tenant pays outgoings
• 3 year lease commencing 1/11/22
• Features include end of trip facilities and dual elevator access
• 15 dedicated secure basement car parks (parking ratio 1:53sqm)
You are viewing a superb investment opportunity less than 2km from the CBD, underpinned by the security of a National Tenant. Located just a stone’s throw away from Park Rd and Coronation Drive, public transport (ferry, bus and train) and iconic cafes and restaurants are all within walking distance.
BUILDING AREA
CONTACT
808 sqm
Jeremy Conybeare 0411 228 233
jeremy@falproperty.com.au
ZONING
MU1 Mixed use (Inner city)
• Concrete tilt panel warehouse 2,350sqm
• Generous internal height
• Container height roller doors x 2
• Corporate style office & amenities
• Fully secure hardstand site
• Excellent arterial connections
Functional Acacia Ridge warehouse offers generous internal clearances, modern concrete tilt panel design with corporate style offices and amenities. The site benefits from dual street access with space for easy truck manoeuvring, and also features a fully fenced exclusive use hardstand area for additional storage.
CONTACT
2,350 sqm
John Andrew 0488 018 998
john@falproperty.com.au
ZONING IN1-General Industry A
$135/sqm
• Total building 3,030sqm
• Corporate style office space
• Large awning for all weather loading
• Container height roller doors x 4
• B-Double access
• 40 onsite carparks
Located in the highly sought after Acacia Ridge industrial precinct, this brand new 3,030sqm corporate facility offers excellent arterial connections. With direct access to Beaudesert Road, linking to the Logan, Ipswich and Pacific Motorways, and high exposure to Bradman Street, this site is a prime location for logistical operators. Featuring corporate style office space, container height roller doors, massive hardstand area, B-Double access and ample carparking.
Surprisingly, enquiry in January and February has been very strong, with huge influxes of buyer and tenant enquiry. Notwithstanding this, the first quarter of 2023 has seen Sydney’s industrial property market start to materially see the impacts of consecutive interest rate rises.
There is little doubt businesses with strong balance sheets and in strong financial positions are seeking to expand, and are moving forward despite the broader economic headwinds. Where the impact of rising interest rates and the inflationary cycle is being felt has been the expectations around value.
On the sales side buyers are starting to assume some leverage, despite the short supply of property. Land in particular is likely to start reflecting a stabilisation of pricing over the next few months, with some sales likely to show a reduction in price per sqm from the peak of mid 2022 of up to 5%. Whilst there is strong buyer demand, they no longer are chasing deals with the voracity of the previous 18-24 months. They no longer need the property urgently, and are prepared to allow some time to enter the equation, no doubt in the hope vendors feel the pain on the back of the rising interest rate environment.
Leasing has been a market dominated by the huge increase in rentals over the last 12 months. Stock remains ridiculously low, with a market place starved of supply across all size ranges. As a result, rentals remain under pressure, and for all existing buildings, incentives remain at or close to zero. How sustainable is this becomes the question. Businesses are under pressure cost wise on many fronts, with rental and outgoings at the pointy end of the rise.
As supply chains start to ease globally, companies will no longer see the need to run large inventories that became the norm during the pandemic period. As such, assignment/sub lease stock may enter the market over the coming 12-18 months, easing supply issues and capping rental growth. For now however, the leasing market continues to be incredibly tight in Sydney, with some organisations reviewing their location requirements (further west or interstate to offset the price and supply issue). Those that can are looking down this path, others that must locate due to a competitive advantage are under pressure to find suitable property at suitable pricing.
“There is little doubt businesses with strong balance sheets and in strong financial positions are seeking to expand, and are moving forward despite the broader economic headwinds.
Matt Herrett, Link Property Services
Price on Application
• Quality facility
• Available Q3 2023
• Close to M4/M7 Interchange
Burley Road is at the western end of the Old Wallgrove Road extension. Travel time to the M4/M7 Interchange is only 5 minutes making this an ideal location for distribution.
FIND OUT MORE ABOUT THIS PROPERTY
BUILDING AREA
CONTACT
5,512 – 16,680 sqm
Matthew Herrett
0457 383 383
matthew.herrett@linkps.com.au
ZONING
IN1 General Industrial
Mark Cadman 0458 383 383
mark.cadman@linkps.com.au
Contact agent for pricing
• Regular shaped industrial land
• Outstanding exposure
• Easy access to Princess Highway
Outstanding industrial land subdivision, featuring areas ranging from 2,000 sqm up to 6,000 sqm. Last opportunity to purchase prime industrial land in Sutherland Shire, surrounded by key occupiers such as Bunnings.
LAND AREA
CONTACT
2,000-6,000 sqm
Matthew Herrett
0457 383 383
matthew.herrett@linkps.com.au
ZONING
IN1 General Industrial
• Available 1st August 2023
• Street frontage unit
• High clearance warehouse (up to 8.7m)
• Two container height roller shutters
Modern ten unit office/warehouse complex completed around the mid 1980’s, the estate was strata titled in 2005. Each unit features high clearance warehousing (approximately 6.3-8.7m internal clearance for Unit 7) which is accessed via two container height roller shutters. The unit features first floor office accommodation which is carpeted and air-conditioned, as well as a ground floor office/showroom, which is also air-conditioned and carpeted.
BUILDING AREA
CONTACT
Artie Kalpidis
1,600 sqm ZONING
B6 Enterprise Corridor
0403 383 333
artie.kalpidis@linkps.com.au
Chris Sully
0439 383 444
chris.sully@linkps.com.au
• Refurbished office
• Up to 9.1m clearance
• Great location
This modern industrial estate is located between Botany Road and O’Riordan St and moments to Gardeners Rd. The property provides easy access to the nearby air and sea ports, as well as the Sydney CBD via the Eastern Distributor. The property is well serviced with Sonoma Bakery and Bourke Street Bakery both within walking distance.
BUILDING AREA
1,470 – 2,004 sqm
Artie Kalpidis
0403 383 333
artie.kalpidis@linkps.com.au
B7 Business Park
Chris Sully
0439 383 444
chris.sully@linkps.com.au
• High clearance warehouse
• Modern light filled office
• Secure, standalone facility
The property is located on the eastern side of Healey Circuit on the conrer of Huntingwood Drive, Huntingwood offering easy access to the Great Western Highway, M4 and M7 Motorways.
This is a highly impressive and impeccably maintained facility on a prominent corner position, providing high exposure and visibility.
BUILDING AREA
7,083 sqm
Matthew Herrett 0457 383 383
matthew.herrett@linkps.com.au
ZONING IN2 Light Industrial
Mark Cadman 0458 383 383
mark.cadman@linkps.com.au
Perth’s industrial market remains robust, despite signs of short-term economic uncertainty.
The Reserve Bank of Australia (RBA) attempts to curb high inflation through aggressive monetary policy cycles has resulted in a moderating of economic growth. WA’s Real Gross State Product (GSP) rose 3.1% in the year to Q422, down from 3.3% for the previous 12-month period, however above the 10-year annual average of 2.5%.
Accordingly, market participants appear to have adopted a more cautious outlook, with signs investors are reassessing their allocations of capital and occupiers holding off on aggressive expansion strategies. This current sentiment suggests the market has stabilised, following extremely buoyant market conditions across the last 18 months.
Throughout 2022, total transaction reached $887 million (assets greater than $5 million), significantly higher than the 10-year annual average of $572 million, although below the $1.9 billion recorded in 2021. The largest transaction to occur in 2022 was Charter Halls acquisition of half of Roe Highway Logistics Park for a sum in the order of $300 million.
The rental market remains strong, driven by tenant demand and tight supply. Rents for super prime industrial stock averaged $125/sqm, reflecting an annual increase of circa 30% to Q422 and prime rents averaging $115/sqm, revealing a circa 25% across the corresponding period. Secondary stock averaged $95/sqm, reflecting an annual increase of circa 20% to Q422. We anticipate rents will continue to grow in 2023 given near zero vacancy, albeit at a slower rate.
Modest yield expansion is being experienced across both prime and secondary stock, as investors face uncertainty and factor in higher interest rates and funding costs. Currently, the average prime yield range is between 5.00% - 6.00%, with all but core/ eastern stock considered to fall towards the upper end of this range. Secondary yields are averaging 6.00% - 7.00%. Although some further expansion of cap rates is expected, strong demand and low vacancy is anticipated to maintain rental growth, preserving significant falls in capital values.
At time of writing, the ASX 30 Day Interbank Cash Rate Futures indicate the cash rate will peak at 4.2% in October 2023 (currently at 3.6%) and then decline. If this holds true, we could expect to see an uplift in investment activity, resulting in yield stabalisation and fueling growth in asset values.
Backed by strong economic fundamentals, the Perth Industrial market appears well placed to navigate these interim challenges and continue on its trajectory as one of Australia’s most sought after investment markets.
“Backed by strong economic fundamentals, the Perth Industrial market appears well placed to navigate these interim challenges and continue on its trajectory as one of Australia’s most sought after investment markets”
Chris Chesky, MLV Real Estate
350,000 P/A + GST &
• Huge Racking Capabilities (max 9 Bays high) (3,692 Pallets)
• 13m Truss (approx)
• Drive Around Access
We are pleased to present a brand new, prime-grade Office / Warehouse facility comprising some 3,082 sqm of lettable area. Situated 9km’s east of the Perth CBD, 16 Hazelhurt Street is located in the prime industrial area of Kewdale, a suburb of Perth’s highly coveted eastern corridor which is considered a core industrial location. Its close proximity to major arterial roads servicing the Perth metropolitan area such as Leach Highway, Tonkin Highway and Abernethy Road allow for efficient transport and logistics. Kewdale is further serviced by major industrial and commercial infrastructure such as the Kewdale Freight Terminal (within 1.5km’s) and Perth Airport (within 2km’s).
BUILDING AREA
CONTACT
Stefan Quaresimin
3,082 sqm
0421 929 686
squaresimin@mlv.com.au
LAND AREA
5,200 sqm
David Lamb
0411 597 952
davelamb@mlv.com.au
$155,000 PA - $300,000 P/A + GST & OUTGOINGS
• High truss
• Take one or both!
MLV are pleased to present to market and seeking pre-commitments for Units 1 & 2, 20 Barley Place Canning Vale, a brand new two-unit development located within the highly coveted Swan Brewery Industrial Estate.
In this location the premises benefits immensely from being within close proximity to major arterial roads and transport networks servicing the Perth Metropolitan area. Tenants are advised to enquire regarding their specific requirements as the premises can be taken as a whole, being 2,428 sqm of gross floor area, or one unit being 1,214 sqm of gross floor area.
BUILDING AREA
1,214 - 2,428 sqm (One Unit or Whole Site)
LAND AREA
3,086 sqm
CONTACT
Stefan Quaresimin
0421 929 686
squaresimin@mlv.com.au
David Lamb
0411 597 952
davelamb@mlv.com.au
76 Baile Road, CANNING VALE, WA
CONTACT AGENT FOR PRICING
• 12 Roller Shutters to Warehouse
• 3 Site Crossovers
• 24 Marked Car Bays
• Circa 1,130 sqm of Supporting Concrete Hardstand
• Full Drive Around Capabilities
• Full Drive-Thru Capabilities
• Full Amenity
BUILDING AREA
CONTACT
• Minimum 9m Truss
• Canopies over Roller Shutters
• Prime Exposure off from Baile Road
• Prominent Corner Location
• Architecturally Designed & Built
• Extremely Rare Configuration
1,714sqm
Stefan Quaresimin 0421 929 686
squaresimin@mlv.com.au
LAND AREA
4,409 sqm
David Lamb 0411 597 952
davelamb@mlv.com.au
Expressions of Interest, Contact Agent
• 44 Brook Road (L63) = 36,928 sqm
• 56 Brook Road (L64) = 36,928 sqm
• 66 Brook Road (L65) = 36,902 sqm
• Total Land Holding = 110,758 sqm
44, 56 and 66 Brook Road Wattle Grove are three rural lots comprising 110,758 sqm with expansive frontage. The three lots are to be sold in ‘one line’ and give a purchaser an remarkable opportunity to acquire a significant Industrial (subject to approval) landholding in Perth’s highly coveted Eastern Corridor. The lots fall under the MKSEA Structure Plan which has been driven by the City of Gosnells to undergo a re-zoning to Light Industry (STCA).
LAND AREA
CONTACT
Stefan Quaresimin
110,758 sqm
0421 929 686
squaresimin@mlv.com.au
ZONING Special Rural (MRS Industrial)
David Lamb
0411 597 952
davelamb@mlv.com.au
Expressions of Interest, Contact Agent
• Annual Rent of $184,095.48 per annum plus GST and Outgoings
• 100% Leased
• Excellent Upside
The building consists of an office/warehouse totalling some 1,557 sqm that was constructed in 2014. Construction comprises concrete floors and footings, steel frame, concrete panel elevations and a metal deck clad roof. Presented is an excellent opportunity to purchase a leased investment forming a part of the highly coveted Western Trade Coast, a geographical subregion that is anticipated to see high commercial and residential growth. Further to this, the site is ideally located to service the AMC and broader industrial locations such as Kwinana Beach and Naval Base.
3,251 sqm BUILDING AREA
Stefan Quaresimin
0421 929 686
squaresimin@mlv.com.au
David Lamb
0411 597 952
1,557 sqm
davelamb@mlv.com.au
90 Ewing Street, WELSHPOOL, WA
$90,000 P/A + GST AND OUTGOINGS
• Roller Door Access to Rear Yard
• Three Phase Power
• 5.75m Truss
An immaculate Office / Showroom / Warehouse facility incorporating some 586 sqm with an additional exclusive hardstand area of 319 sqm. Further to this, there is an excellent opportunity to capitalise on exposure from Leach Highway which has recently been raised over Welshpool Road. Recently refurbished to a high standard, the premises has been transformed to a highly presentable, first class facility that has abundant features
FIND OUT MORE ABOUT THIS PROPERTY
BUILDING AREA
CONTACT
Stefan Quaresimin
586 sqm
0421 929 686
squaresimin@mlv.com.au
LAND AREA
1,265 sqm
David Lamb
0411 597 952
davelamb@mlv.com.au
• Compacted Limestone Base (circa 150mm thick)
• Perimeter Fencing
• Two Access Gates
Situated approximately 28 kilometres southwest of the Perth CBD, the subject property is located within the established industrial precinct of Naval Base. Fremantle Port is 16.5 kilometres away allowing for easy transportation of sea containers and freight. In this location, the site benefits from being within in 1 kilometre from Anketell Road and 7 kilometres from the Kwinana Freeway. Access to the Naval Base industrial area is via the Kwinana Freeway South & Anketell Road or alternatively Rockingham Road via Stock Road.
$80,500 P/A PLUS GST AND OUTGOINGS FIND
CONTACT
Stefan Quaresimin
0421 929 686
squaresimin@mlv.com.au
Charlie Lamb
0488 551 052
clamb@mlv.com.au
INDUSTRIALCOMMERCIALPARTNERS.COM
Whilst every care has been taken in respect of the information contained herein, no warranty is given as to it accuracy. Prospective Purchasers / Tenants should make their own enquires to satisfy themselves of all aspects of the contents. Proves may be subset to change without further notification. All measurements are approximate. All prices exclude Outgoings and GST unless stated.