42-44 Clavering Road, Bayswater, WA 6053
Industrial/Warehouse
$4,250,000 (Going Concern)
$4,250,000 (Going Concern)
Published on: 23 May 2024
Last updated on: 24 May 2024
Property ID: 504599068
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Key property information
Land Size
4,782.00 m2
Parking Comments
Shared
Floor Area
700.00 m2
Tenure Type
tenanted
Iconic Bayswater investment | High yield plus future development potential
42-44 Clavering Road, Bayswater, WA 6053
RWC WA is pleased to present this well known Bayswater industrial property for sale, featuring 4,782sqm of land spread over two separate titles. Zoned for General Industrial use, the site offers dual street access via Clavering and Munt streets. Currently leased to Speedcast Australia Pty Ltd on a 10 year term that commenced on 20 December 2016 and expires on 29 December 2026, the property yields a passing rent of $336,877 pa plus outgoings and GST, making it a highly attractive investment opportunity. Property features include: • Land 4,782sqm over two separate titles • 500sqm* of office including server rooms • 200sqm* workshop • Zoned General Industrial • Dual street access - Clavering and Munt Office features: • Modern and well appointed with partitioning • Light and bright reception area • Large boardroom • Dedicated server rooms • Reverse cycle ducted AC Workshop highlights: • Metal clad construction • 5-6m* truss height Tenant information: • Speedcast Australia Pty Ltd • 10 year lease - Commenced 20 December 2016 • Lease expiry - 29 December 2026 • Passing rent - $336,877pa + outgoings + GST Speedcast is a global provider of communication and IT services, specializing in satellite and terrestrial network connectivity, managed services, and IT support. They serve various industries, including maritime, energy, mining, enterprise, media, and government, ensuring reliable and secure communications in remote and challenging environments. Speedcast operates a vast global network, facilitating connectivity for critical operations in hard to reach locations. For further information or to arrange an inspection please contact: Lachlan Burrows RWC WA 0499 552 296 [email protected] Tom Jones RWC WA 0478 771 117 [email protected]
Property Details
Basic Info
Basic Info
Property Type
Industrial/Warehouse
Listing Status
On Market
Land Size
4,782.00 m2
Address
42-44 Clavering Road, Bayswater, WA 6053
Contact Agent
Tom Jones
Lachlan Burrows
Contact Agent
Contact Agent
Email enquiry to RWC - WA
Tom Jones
Lachlan Burrows
12-14 The Esplanade, Perth, WA 6000
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Property ID: 504599068
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