Savills are pleased to present to the market for sale, two investment properties at 2 Thorpe Way, Kwinana Beach & 147 Barrington Street, Bibra Lake. Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd. Key investment highlights as follows; • 2 Thorpe Way - 15,087sqm* site area - 4,234sqm* GLA - $587,000 per annum passing net rent • 147 Barrington Street - 15,605sqm* site area - 7,390sqm* GLA - $976,000 per annum passing net rent • Fully leased to MinRes Properties Pty Ltd • Leased until 31 December 2034, plus 5 year option • 3.5% fixed annual increases • Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date • Triple-net lease structure *approximate The properties are being offered individually, or in a line, by way of an EOI closing 4pm 23rd October 20224. For further information or to arrange an inspection, please contact the exclusive selling agents below.
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