299 Elmsfield Road,
Midvale, WA 6056
Warehouse, Factory & Industrial
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Knight Frank - Perth
Level 37, 2 The EsplanadePERTH, WA 6000
04072458...
299 Elmsfield Road
Midvale, WA 6056
Map of 299 Elmsfield Road
LEASEHOLD DEVELOPMENT SITE
• 100% Leased to 5 Tenants.
• Total Site Area of 65,185sqm*.
• 96.4 Year Remaining Leasehold Term.
Knight Frank as exclusive selling agents are pleased to offer for sale the leasehold interest in 299 Elmsfield Road, Midvale.
The property comprises a significant 6.52Ha “Light Industry” zoned site improved with bitumen paved hardstand providing a total laydown lettable area of approximately 49,809sqm.
The property is situated on the Main Roads heavy haulage route allowing for 27.5m B-Double truck access and enjoys proximity to Great Eastern Highway (600m) and Roe Highway (1km) increasing the site's appeal from transport & logistics operators.
KEY FEATURES:
• Site Area: 65,185sqm*
• Lettable Area: 49,809sqm*
• Proximity to Roe and Great Eastern Highway
• Zoned "Light Industry"
• 2.3km* to Midland Town Centre
LEASE SUMMARY:
• Ground Lease to Shire of Mundaring (96.4 years remaining)
• Fully leased to 5 separate tenants
• Gross Passing Income: $917,699 pa
• Annual ground lease outgoings: $421,181
• Net Passing Income: $496,518 pa
To request a copy of the information memorandum, please contact the exclusive selling agents.
Tom Iredell
+61 438 311 200
Tom.Iredell@au.knightfrank.com
Geoff Thomson
+61 407 245 8...
Geoff.Thomson@au.knightfrank.com
*Approx.
• Total Site Area of 65,185sqm*.
• 96.4 Year Remaining Leasehold Term.
Knight Frank as exclusive selling agents are pleased to offer for sale the leasehold interest in 299 Elmsfield Road, Midvale.
The property comprises a significant 6.52Ha “Light Industry” zoned site improved with bitumen paved hardstand providing a total laydown lettable area of approximately 49,809sqm.
The property is situated on the Main Roads heavy haulage route allowing for 27.5m B-Double truck access and enjoys proximity to Great Eastern Highway (600m) and Roe Highway (1km) increasing the site's appeal from transport & logistics operators.
KEY FEATURES:
• Site Area: 65,185sqm*
• Lettable Area: 49,809sqm*
• Proximity to Roe and Great Eastern Highway
• Zoned "Light Industry"
• 2.3km* to Midland Town Centre
LEASE SUMMARY:
• Ground Lease to Shire of Mundaring (96.4 years remaining)
• Fully leased to 5 separate tenants
• Gross Passing Income: $917,699 pa
• Annual ground lease outgoings: $421,181
• Net Passing Income: $496,518 pa
To request a copy of the information memorandum, please contact the exclusive selling agents.
Tom Iredell
+61 438 311 200
Tom.Iredell@au.knightfrank.com
Geoff Thomson
+61 407 245 8...
Geoff.Thomson@au.knightfrank.com
*Approx.
Property ID: 504102895Last Updated: 1 Feb 2023
Knight Frank - PerthLevel 37, 2 The Esplanade
PERTH, WA 6000
PERTH, WA 6000
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