Presented by Craig Hall | Barr & Standley Real Estate
Discover this prime investment opportunity at 80 Ilmenite Crescent, nestled in the thriving Capel Light Industrial Area. It is positioned between a growing regional city of Bunbury and the gateway to the South West and its wine region, this property has all the hallmarks of a set and forget investment.
This remarkable property features 2 large workshops, encompassing over approximately 550m2 and is currently being used primarily for painting/sandblasting. They are complemented by a self contained office and full staff amenities along with heavy vehicle access and substantial hardstand and lay-down areas. With a generous 2160m2 block, this site presents ample space for operational growth and efficiency.
The drawcard of this property is it is currently secured with a long-term lease by a prominent Australian ASX-200 engineering group, known for delivering exceptional construction, maintenance, and industrial services across the resources, energy, and infrastructure sectors. This strategic partnership enhances the property's appeal, gives investors peace of mind and ensures a guaranteed reliable income stream.
Whether you're looking to expand your investment portfolio or seeking a strategic location for your business in the longer term, this Industrial property offers both versatility and security.
Don't miss your chance to secure a foothold in this dynamic area-contact me Craig Hall on 0401929131 for further details and to book an exclusive viewing By Appointment.
Property Features:
2160m2 block
2 workshops comprising approx. 550m2 combined
Guaranteed long-term lease with a secure tenant
Office plus full staff amenities
Recently upgraded septics/drainage
Strategic positioning in the South West
Land Size: 2160m2
Shire Rates $2781.58 approx. per year
Water Rates $307.79 approx. per year
Current Tenancy: Fixed-term 3 year lease
*All measurements are approximate*
Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this material. Licensee: Barr and Standley Pty Ltd ABN 55 651 170 731.