OFF MARKET

45 Hope Valley Road
Naval Base WA 6165

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2593m2
Land area: 20791m2
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Property Details for 45 Hope Valley Rd, Naval Base

Building Type
Commercial
Year Built
1960
Floor Size
2593m2
Land Size
20791m2
Local Government
Kwinana
Lot/Plan
13/D014906

Last Listing description (May 2023)

Knight Frank are pleased to offer 45 Hope Valley Road, Naval Base for sale.

"A unique investment opportunity leased to a global engineering & construction company located within the Naval Base Industrial precinct which is set for undoubted growth due to it's location to the Kwinana Westport Project."


SITE DETAILS.
- 20,791 sqm* total site area
- 1,980 sqm* total building area (excluding canopies)
- 100% leased to SRG Global
- Net Passing Income: $375,000 pa plus outgoings*

The property comprises a combined 20,791 sqm* "General Industry" zoned land holding situated in the heart of the Naval Base industrial precinct. The site is improved with office/workshop improvements totaling some 1,980 sqm* only with the majority of the site being used for hardstand and lay down purposes, the site has further development upside.

The asset offers a secure, long-term income stream underpinned by "SRG Global " a listed company and leader in mining services and construction providing a net passing rent of $375,000 per annum* and a WALE of 5 years (as at 1st April 2022).

The surrounding area is positioned for undoubted gentrification following the development of the $4bn Kwinana Westport infrastructure project. The Westport initiative is set to provide a world-class container port and trade network, making Naval Base a key precinct in Western Australia's future economic prosperity.

Approximates*

- Further development upside only 10% site coverage
- Area set to benefit from major infrastructure upgrades
- Main road exposure
- Corporate Office with workshops and storage sheds
- Minimal short-term capital expenditure requirements
- Good vehicle circulation

CONTACT.
For more details, contact the exclusive sales agents,

Geoff Thomson
Director, Head of Industrial Logistics WA
M +61 407 245 801
geoff.thomson@au.knightfrank.com

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Property History for 45 Hope Valley Rd, Naval Base, WA 6165

A timeline of how this property has performed in the market
Last Sold
$6,150,000
18 Aug 2022
  • 18 Aug 2022
    Sold for $6,150,000
  • 30 Jun 2022
    Listed for Sale Contact Agent
  • 29 Mar 2022
    Sold for $6,100,000
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About Naval Base 6165

The size of Naval Base is approximately 5.1 square kilometres. It has 5 parks covering nearly 23.2% of total area. The population of Naval Base in 2011 was 12 people. By 2016 the population was 20 showing a population growth of 66.7% in the area during that time. The predominant age group in Naval Base is 40-49 years. Households in Naval Base are primarily childless couples and are likely to be repaying $1200 - $1400 per month on mortgage repayments. In general, people in Naval Base work in a trades occupation..

Naval Base has 332 properties. Over the last 5 years, Houses in Naval Base have seen a 47.20% increase in median value, while Units have seen a -35.06% decrease. As at 30 September 2024:

  • The median value for Houses in Naval Base is $807,276 while the median value for Units is $307,587.
There are currently no properties listed for sale, and no properties listed for rent in Naval base on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Naval base.

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