FREEHOLD LEASED INVESTMENT OPPORTUNITY - DO NOT MISS OUT!!
MLV as exclusive agents are pleased to present to market 46 Tulloch Way, Canning Vale, a pristine and freehold 877 sqm office/workshop on a generous 2,201 sqm Light industrial block.
The premises is 100% leased to Nativ Carbon until 2029 with an option to extend until 2034, providing stable cash flows into the immediate future. Robust rent reviews and a ratchet clause ensure rental growth for the term of the lease and option if exercised by the Lessee. Ideally located in Canning Vale’s Light Industrial precent, 46 Tulloch Way benefits immensely from being within close proximity to the brand new Nicholson Road Metronet station. Further features include:
Lease Details:
• 5 years + 5 years
• 01/07/2024 Commencement
• Passing rental of $175,950 pa + + (increasing in June 2026)
• BG of $60,0000
• Annual Increases of 3.5% or CPI (which ever is the greater)
• Triple Net Structure
Building Highlights:
• Office: 299 sqm
• Warehouse: 478 sqm
• Mezzanine: 100 sqm
• Hardstand: 400 sqm
• High Truss (circa 7m)
• Clear-Span
• Two Roller Door access
• Male & Female Toilets
• Excellent Office Fit Out
The premises is being sold via an Expressions of Interest Campaign closing 430pm (AWST) Tuesday, 9th June 2026 unless sold prior (seller reserves the right to sell at any point at their absolute discretion). We recommend all interested parties register their interest and inspect this excellent investment opportunity. Investments such as this are increasingly rare in the current market and very difficult to acquire due to a lack of land availability plaguing the Perth Industrial market.
For further information please contact the exclusive selling agents Stefan Quaresimin on 0421 929 686 or David Lamb on 0411 597 952.