FOR SALE
EOI closing Wed 31 July 2024 at 4pm (AWST)

22 Renewable Chase
Bibra Lake WA 6163

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2466m2
Land area: 7107m2
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A meaty investment secured by a prominent blue chip tenant

RWC WA proudly presents an exceptional opportunity to secure a blue chip investment, just 15km* from Perth CBD. This exceptional property comprises an industrial scale, purpose built cold storage/meat processing facility in the heart of the Bibra Lake industrial precinct. The property is leased to a long standing and prominent tenant being the Dardanup Butchering Company, which has been in occupation of the premises since 2009.
The property comprises a circa 2009 built high bay warehouse with an adjoining two level office comprising a total lettable area of 2,551sqm*. The warehouse has been extensively fitted with multiple chiller rooms and freezers as well as having loading docks situated to the rear allowing capacity for small to large scale commercial trailer access.
The tenant, the Dardanup Butchering Company, has been in operation for over 70 years with a workforce spanning over 250 employees, specialising in the provision of locally sourced and high quality meat products.
Property features:
• Land 7,107sqm
• Office/cold storage/processing facility of 2,551sqm*
• Extended five year term with further five year option
• Attractive 4% reviews pa
• Prominent location in the Bibra Lake industrial precinct
• Blue chip tenant operating since 1950
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Property Details for 22 Renewable Ch, Bibra Lake

Building Type
Commercial
Floor Size
2466m2
Land Size
7107m2

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About Bibra Lake 6163

The size of Bibra Lake is approximately 12.8 square kilometres. It has 19 parks covering nearly 32.9% of total area. The population of Bibra Lake in 2011 was 5,954 people. By 2016 the population was 5,890 showing a population decline of 1.1% in the area during that time. The predominant age group in Bibra Lake is 50-59 years. Households in Bibra Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bibra Lake work in a professional occupation. In 2011, 82.9% of the homes in Bibra Lake were owner-occupied compared with 81.4% in 2016.

Bibra Lake has 4,032 properties.

    There are currently 12 properties listed for sale, and 4 properties listed for rent in Bibra lake on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Bibra lake.

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    Chris Matthews
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