6 Sphinx Way, BIBRA LAKE, 6163, Western Australia

  • 1300sqm
  • 73
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Subject: 6 Sphinx Way, BIBRA LAKE, 6163, Western Australia

For sale

$2,225,000 (going concern)

LEASED INVESTMENT WITH HUGE RENTAL GROWTH POTENTIAL

Property ID: 18604430

Raine & Horne Commercial are excited to present to the market 6 Sphinx Way, Bibra Lake. The property is being offered with a lease in place to The Simulation Centre, a well-established recreational and leisure activity business expiring in 2022.

Property Details:

- Green Titled

- 3,974sqm Land Area

- 1,300sqm Building Area

- 73 concrete cay bays

- Small Office

- Caf

- Storage Room

- 19 connected male & female toilets and urinals

- Warehouse complete with evaporative air conditioning

- Dual cross overs

- Secure Fencing

Lease Details: Contact Agents

Positioned within the Phoenix Business Park, the property benefits from close proximity to major arterial roads such as North Lake and Stock Roads, Roe Hwy and the Kwinana Freeway.

For its current use, the property also benefits from its proximity to residential suburbs such as Spearwood, Yangebup, Beeliar, South Lake and more in particular Adventure World, providing easy access to the tenants clientele.

The property has excellent locational benefits for both industrial and recreational use.

Given the property was designed for recreational use and has adaptability, the value upside is that it would be hard to re-create the asset given its approval and car parking provisions in place.

Asking Price $2,225,000 (going concern)

For a copy of the Information Memorandum or to arrange a viewing which won’t disappoint, please contact the selling agents.

Parking Bays73
Building / Floor Area1,300 sqm
Land Area3,974.0 sqm
TenantedYes
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Commercial Western Australia

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Commercial Western Australia

Commercial Western Australia

http://www.rhcommercial.com.au/wa

Phone 08 6444 7200
Fax 08 9381 3705

Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.