75 Howe Street OSBORNE PARK

4,047 square metre site within the established Osborne Park industrial area, approximately eight kilometres north-west of the Perth city centre. Constructed on the site is an approximately 2016 built office-warehouse development containing four units. The front unit (Unit 1) comprises a single level, good quality office of 410 square metres with Units 2-4 (warehouse areas 1-3) comprising three high truss warehouses ranging in size from 554 to 753 square metres. Two of the units are currently subject to a related party lease and have therefore been assessed on a vacant possession basis. One unit, (Warehouse Area 2) is currently for lease and Unit 4 (Warehouse Area 3) is currently leased until August 2024 with a passing rental of $58,562 per annum net.