Leath RoadNaval Base WA 6165
Property Details for Lot 6 Leath Rd, Naval Base
Last Listing description (November 2015)
Knight Frank is pleased to present Lot 6 Leath Road, Naval Base. The property is being offered for sale individually or as part of a 4 property, national industrial portfolio.
The property is being sold with a 5 year leaseback to a well established national market leader, providing a commencing net rental of some $1,925,000pa*.
The site is strategically positioned in Perth's future growth corridor providing undoubted medium to long term redevelopment potential.
5 year leaseback to long established market leading tenant.
Annual net rental of $1,925,000pa *
Triple net lease structure
Substantial and valuable improvements totaling some 22,130sqm *
Strategic site with a total area of some 115,000sqm *
For sale individually or as part of a national portfolio
featuring 4 assets (Victoria, Queensland x 2, Western
Australia) by Expressions of Interest closing
Wednesday, 13 May 2015 at 5pm.
*approximately
Property History for Lot 6 Leath Rd, Naval Base, WA 6165
- 20 Feb 2023Sold for $44,000,000
- 12 Oct 2015Listed for Sale Expressions of Interest closing 5pm13 May 2015
- 29 Sep 2015Sold for $21,500,000
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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 333 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 31 August 2024:
- The median value for Houses in Naval Base is $787,995 while the median value for Units is $308,498.
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