2 Thorpe Way, Kwinana Beach, WA 6167

Industrial/Warehouse
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Published on: 01 Oct 2024
Last updated on: 30 Oct 2024
2 Thorpe Way, Kwinana Beach, WA 6167
2 Thorpe Way, Kwinana Beach, WA 6167
2 Thorpe Way, Kwinana Beach, WA 6167
+15
2 Thorpe Way, Kwinana Beach, WA 6167
  • 15
Property ID: 504702180
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Key property information

Floor Area
4,234.00 m2
Tenure Type
tenanted

Prime WA Industrial Investment Opportunities

2 Thorpe Way, Kwinana Beach, WA 6167
Savills are pleased to present to the market for sale, two investment properties at 2 Thorpe Way, Kwinana Beach & 147 Barrington Street, Bibra Lake. 

Together they offer a rare opportunity to secure to primely located industrial facilities secured by a long-term leases to MinRes Properties Pty Ltd.

Key investment highlights as follows;

•	2 Thorpe Way
- 15,087sqm* site area
- 4,234sqm* GLA
- $587,000 per annum passing net rent

•	147 Barrington Street
- 15,605sqm* site area
- 7,390sqm* GLA
- $976,000 per annum passing net rent

•	Fully leased to MinRes Properties Pty Ltd 
•	Leased until 31 December 2034, plus 5 year option
•	3.5% fixed annual increases
•	Market review at 5th anniversary (10% cap/collar), upward only open market review at the option date
•	Triple-net lease structure

*approximate

The properties are being offered individually, or in a line, by way of an EOI closing 4pm 23rd October 20224.

For further information or to arrange an inspection, please contact the exclusive selling agents below.

Property Details

Basic Info

Property Type
Industrial/Warehouse
Listing Status
Under Contract
Address
2 Thorpe Way, Kwinana Beach, WA 6167
Matthew Hopkins
Matthew Hopkins
Michael Wall
Level 7, Westralia Square 2, 143 St Georges Terrace, Perth, WA 6000
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Matthew Hopkins
Matthew Hopkins
Michael Wall
Level 7, Westralia Square 2, 143 St Georges Terrace, Perth, WA 6000
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      Property ID: 504702180

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