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2/112 Furniss Road
Landsdale, WA 6065
Offers
Overview
2/112 Furniss Road, Landsdale
Positioned within a tightly held industrial precinct, this commercial property offers an exceptional investment opportunity for those seeking immediate income combined with future growth potential.
Located at 2/112 Furniss Road in Landsdale, Western Australia, the property is currently leased, providing a stable and secure income stream for investors. This asset is ideal for those looking to establish a foothold in the commercial market or expand their existing portfolio with a low-maintenance investment.
The property features a warehouse area of approximately 215 square meters, complemented by an additional mezzanine space of about 113.8 square meters, which has been professionally constructed and is pending approval from the local Shire. This layout offers versatility and functionality, suitable for a variety of industrial and commercial applications.
Key investment highlights include a secure tenant in place, ensuring immediate rental income. The annual rent is approximately $32,800 plus GST, with the tenant responsible for all outgoings under a net lease arrangement, making this an investor-friendly structure. The lease term commenced on 29 March 2024 for two years, with an option for a further two-year term. Rent reviews are conducted annually, providing built-in growth potential for the rental income.
The property is zoned industrial and is situated in a highly sought-after and tightly held location within Landsdale's growing industrial hub. This area benefits from strong demand and limited supply, enhancing the property's long-term value prospects.
The established tenant provides consistent cash flow, and the additional mezzanine space offers future value-add potential, making this a strategic acquisition for investors seeking both immediate returns and long-term upside.
Overall, this industrial warehouse represents a low-maintenance, set-and-forget investment opportunity with a functional layout and a secure lease structure. It is well-positioned to benefit from the ongoing growth in the Landsdale industrial precinct and is becoming increasingly difficult to secure at this size, price point, and income profile.
Investors are encouraged to consider this property for its combination of immediate income, tenant security, and future growth potential in a prime industrial location.
Disclaimer: The information provided is for general purposes only and is based on details supplied by the seller. Interested parties should conduct their own independent enquiries to verify accuracy and suitability.
Location
Landsdale WA 6065
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 215 sqm |
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.