16 Morilla Road

Mundaring WA 6073

The sale combines the next door lot of approximately 1,008 sqm totalling approximately 2,016 sqm of prime industrial land and approximately 225 sqm of building area. Both properties are on independent titles. This well presented industrial property is currently tenanted and ready for a new owner to benefit.The current owner has stated that for offers above $975,000 they would consider a Leaseback reflecting 6.5% return, a 5 year term + 5 year option.Located in the tightly held Mundaring industrial precinct this property is best suited for an investor looking for strong returns with minimal effort. This property is close to an arterial road network being Great Eastern Highway.Key Features of the Property: - 225 sqm building including small office and warehousing - 2 x lots - 1,008 sqm land - 100 sqm undercover work area- Excellent natural light and opportunity for racking - High truss roller door - Toilet and Shower onsite - Double Street Fronting providing Good Exposure - Leaseback from current tenant reflecting 6.5% return plus 5 year term + 5 year option considered with offers from $975,000 - Ample parking For more information or to arrange an inspection, please contact Lucas Glauch today on 0432 317 276...