Enable Real Estate is pleased to offer to the market for sale this superb commercial leased investment.
Offering a return of greater than 6.5%, and a rock solid tenant who has been occupying the property since July 2014, with approximately 3.5 years remaining on their lease, this is an opportunity not to be missed.
The property is well serviced with good access to all main arterial roads, including Rockingham Road, Anketell Road and the Kwinana Freeway, with Rockingham being only 12km away and Fremantle 20km away.
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:
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