OVERVIEW

Cushman & Wakefield are pleased to exclusively present for sale 320 Gnangara Road, Landsdale – a 100% leased industrial investment positioned in Perth’s rapidly expanding northern industrial corridor.

Key investment highlights include:

- Brand new 5-year, triple net lease to a wholly owned subsidiary of Kelsian Group Limited, an ASX 200 company and leading transport and tourism operator serving diverse sectors across Australia and globally

- Commencing Net Income of $423,695pa (excluding GST & outgoings)

- Triple net lease with all statutory and variable outgoings, including repairs and maintenance of a capital nature and management fees payable by the Lessee.

- Guaranteed fixed annual rental growth over the initial and option terms 

- Significant future development upside in a local market where land supply remains constrained

Landsdale is a thriving norther industrial market located just 25 km north of the Perth CBD, the area offers businesses access to a large and diverse consumer base. The site benefits from proximity to key road networks, including Ocean Reef Upper Swan Highway and Wanneroo Road, ensuring efficient transport links. 

The property is being offered for sale by Expressions of Interest closing 4pm AWST Wednesday 11 December 2024. 

For further details or to gain access to the data room, please contact one of the exclusive selling agents.