36 Hemisphere Street

Neerabup WA 6031

This highly recommended investment demands consideration from an astute investor. This purpose built property is a recently completed office warehouse with specialised design features way beyond your average shed. - The building is currently leased to Klen International who is a subsidiary of Avantor Performance Materials, a US company which was founded in 1867 and has a turnover in excess of $4 billion a year. - Klen competes successfully with its national and international competitors and has become the largest manufacturer and supplier of Fire Assay Flux in the world. - Distributing to over 63 countries worldwide, Klen is truly an international company.- The building was purpose built for Klen with the foundations for a second floor office already built. - The property and building has stringent licences granted specific to the site making it expensive for relocation of the tenant in the future.- The building is adaptable to allow future industrial uses should the tenant vacate at the conclusion of their lease. - 4.5 years remaining on current lease with a 5 year option. - Annual rent increases to CPI - Significant depreciation allowances.* subject to mortgage For further information or to arrange an inspection please contact: Brett WilkinsM: 0478 611 168E: brett.wilkins@raywhite.com