HIGH POWERED INDUSTRIAL INVESTMENT
8 Meliador Street, Midvale WA 6056
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IndustrialSize: n/a
Block size: 2091 m² approx.
MLV Real Estate presents the opportunity for investors to acquire this modern office & workshop facility and quality investment, with a 10-year lease expiring in 2031.
THE ASSET
The improvements comprise a quality office and high powered & workshop with approximate power supply of 500amps and a 5-tonne gantry crane, situated on a prominent freehold 2,091sqm site.
The office presents to an excellent standard, comprising reception area, boardroom with kitchenette facilities, open plan office space and three partitioned executive offices. Adjoining the warehouse is a large storage/general purpose area, ablutions & laundry and lunchroom.
The workshop is clear span constructed of concrete tilt panel elevations and metal deck roof cover, with a truss height of approximately 5.5m-6m. and there is a small detached concrete tilt open bunker/workshop to the front of the development. The remainder of the site features bitumen parking and layover area and is secured with metal palisade fencing and double gate to the street front.
LOCATION
Midvale is considered to be among Perth's premier industrial precincts, underpinned by the growth of Perth's north eastern corridor. Its situation approximately 25km north east of the Perth CBD via Great Eastern Highway and proximity to key transport networks makes it an extremely sought after destination for tenants and occupiers alike.
TENANT
Ten-year lease to 'Kilt Projects' expiring in 2031 providing a net passing income of $170,000 per annum with programmed rent reviews.
Kilt projects are a leader in steel fabrication, surface treatments and Corian industries, providing a one-stop service for all industrial and commercial projects. Contact the exclusive selling agents for more details.
AREAS
Office: 183sqm*
Warehouse: 153sqm*
Workshop: 948 sqm*
*approximate
THE ASSET
The improvements comprise a quality office and high powered & workshop with approximate power supply of 500amps and a 5-tonne gantry crane, situated on a prominent freehold 2,091sqm site.
The office presents to an excellent standard, comprising reception area, boardroom with kitchenette facilities, open plan office space and three partitioned executive offices. Adjoining the warehouse is a large storage/general purpose area, ablutions & laundry and lunchroom.
The workshop is clear span constructed of concrete tilt panel elevations and metal deck roof cover, with a truss height of approximately 5.5m-6m. and there is a small detached concrete tilt open bunker/workshop to the front of the development. The remainder of the site features bitumen parking and layover area and is secured with metal palisade fencing and double gate to the street front.
LOCATION
Midvale is considered to be among Perth's premier industrial precincts, underpinned by the growth of Perth's north eastern corridor. Its situation approximately 25km north east of the Perth CBD via Great Eastern Highway and proximity to key transport networks makes it an extremely sought after destination for tenants and occupiers alike.
TENANT
Ten-year lease to 'Kilt Projects' expiring in 2031 providing a net passing income of $170,000 per annum with programmed rent reviews.
Kilt projects are a leader in steel fabrication, surface treatments and Corian industries, providing a one-stop service for all industrial and commercial projects. Contact the exclusive selling agents for more details.
AREAS
Office: 183sqm*
Warehouse: 153sqm*
Workshop: 948 sqm*
*approximate
Inspections
No open inspections scheduled.
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Contact Chris Chesky to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
2091 m²*
Other Details
Maps and area information
Block information
Block size: 2091m² (approx)
No block information available
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SummaryMedian sales
Average Age
36 years
Population
2,283
Listing ID: 181832591. This listing has been viewed 1 time. It was first displayed on 07/08/2023 and last updated on 11/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.