Property for Sale in 472-480 Great Eastern Highway, ASCOT WA, 6104

Important homebound location with 39,000+ vehicles and 8,000+ heavy vehicles passing daily.
Ideal corner position opposite Perth’s busy national and international airport servicing 13.9 million passengers annually.
Substantial tax saving depreciation benefits.
Fresh Trading Co: 15 year lease to 2033 + options to 2053 – undergoing Australia wide expansion underpinned by one of the world’s largest oil & gas companies.
Gloria Jeans (Retail Food Group Ltd): 10 year lease + options to 2043.
QMS Media Ltd: 10 year lease to 2028 + options to 2038.
Guaranteed growth – fixed 3% annual rent increases.
State-of-the-art service centre with dual drive thru facility, innovative architecturally designed canopy, 10 refuelling bays and separate truck canopy with 7 bay high flow diesel and B-Double access.
Irreplaceable 6,306 sqm corner site with immediate access to Tonkin Highway and thoroughfare to Perth Airport’s terminal 3 & 4.
Great Eastern Highway: key arterial road linking Perth CBD with the booming eastern residential area’s & freight routes to Eastern Australia.
High volume site with transport related uses in the immediate area including freight/logistics, car hire and airport car parking businesses.
Brand new improvements providing significant depreciation benefits.
Ascot: established inner eastern Perth suburb 6km from CBD & major logistics, air travel and retail precinct.
Perth: experiencing economic and population growth with major miners including BHP Billiton and RIO Tinto committing to key projects in WA.
Net Rent: $1,210,000 pa

For Sale by Expressions of Interest
Closing 4pm AEDT Wednesday 13 March 2019

For more details, please email agent