36 Hemisphere Street, Neerabup, WA 6031

Investment | Industrial

Sold $3,000

  • Property ID: 253961
  • Floor Area: 3419m²
  • Land Area: 8329m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 3419m2 8329m2 N/A
7.49% Return

This highly recommended investment demands consideration from an astute investor. This purpose built property is a recently completed office warehouse with specialised design features way beyond your average shed.

- The building is currently leased to Klen International who is a subsidiary of Avantor Performance Materials, a US company which was founded in 1867 and has a turnover in excess of $4 billion a year.
- Klen competes successfully with its national and international competitors and has become the largest manufacturer and supplier of Fire Assay Flux in the world.
- Distributing to over 63 countries worldwide, Klen is truly an international company.
- The building was purpose built for Klen with the foundations for a second floor office already built.
- The property and building has stringent licences granted specific to the site making it expensive for relocation of the tenant in the future.
- The building is adaptable to allow future industrial uses should the tenant vacate at the conclusion of their lease.
- 4.5 years remaining on current lease with a 5 year option.
- Annual rent increases to CPI
- Significant depreciation allowances.

* subject to mortgage

For further information or to arrange an inspection please contact:
Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

Neerabup Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1379 $93 6.75%
Industrial $1520 --- ---
This is the average advertised price, rent and yield for Neerabup, WA 6031*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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