Ray White Broome is proud to present 9 Lucas Street, Broome – a high-quality industrial investment offering strong net income, a brand new lease, and long-term security in Broome’s main Light Industrial precinct.
This substantial light industrial property delivers immediate income with built-in rental growth and future upside, underpinned by a versatile asset with significant quality improvements and full concrete hardstand.
PROPERTY SUMMARY:
• Site Area: 2,728 sqm
• Lettable Area: 1,285 sqm
• Zoning: Light Industry
• Net Income $220,000 pa net excl. GST
• Lease: 5 + 5 + 5 (potential to 2041)
LEASE SUMMARY
• Brand new 5 year lease to established quality tenant.
• 2 further 5 year options providing long term security
• CPI Reviews throughout the term
• Net Lease structure – Set & Forget. Tenant pays all outgoings.
PROPERTY HIGHLIGHTS:
- Fully concrete hardstand across the entire site – low maintenance and highly functional.
- Substantial improvements (1,285 sqm) comprising 2 x large workshops, two-level office and a warehouse.
- Functional site layout and improvements.
- Flexible configuration to the rear worksheds
- Purpose built and designed by Builders.
- Secure site with full boundary fencing and gated access.
- Ample parking on site and street parking.
- Excellent access with dual entry points and horseshoe driveway.
REAR WORKSHOP 1 (408 sqm):
• Large insulated Workshop space with 4 x automatic roller doors both front and rear (4m clearance)
• 2 x air-conditioned offices.
• 2 x bathrooms (toilet, shower and hand basin)
• Enclosed and insulated covered storage area. Fenced concrete storage area at rear.
REAR WORKSHOP 2 (408 sqm)
• Large insulated Workshop space with 4 x automatic roller doors both front and rear (4m clearance)
• 2 x air-conditioned offices.
• 2 x bathrooms (toilet, shower and hand basin)
• Concrete and covered storage area at the rear.
Both workshops are designed with flexibility to configure into 4 separate workshop/office tenancies (204 sqm each) as an option.
OFFICE (391 sqm), built over two levels comprising:
• 13 offices, plus board room and meeting room.
• kitchen, bathroom/laundry facilities.
• Display room, printing station, store/archive room, server room.
• Balcony, front and rear verandah with bar area, gazebo/carport.
• Fully air-conditioned.
WAREHOUSE (78 sqm)
• 2 x roller door, 1 x PA door.
• Storage racks, enclosed storage area plus mezzanine storage.
9 Lucas Street represents a rare opportunity to secure a large-scale industrial asset in Broome, underpinned by strong income, long lease security and a highly functional, low-maintenance site.
Industrial properties of this scale, with full concrete hardstand and flexible improvements, are tightly held and rarely offered to the market.
