3 Manganese Street

Wedgefield WA 6721

The 3,993sqm property is currently leased to Chevron Australia Pty Ltd and offers exposure via two street frontages along Manganese Street and Pinnacles Street, both with access to major transport links.

The site has good access and egress points that includes 38.5 metres of street frontage on Manganese St and 13.7 metres on Pinnacles St. The Lot also stands to benefit from future proposed road upgrades in the area which will see a major uplift in commercial vehicle traffic around the area

A 10 year lease term with Chevron Australia Pty Ltd is in place expiring 07/12/2025 , with two additional five-year options offering annual rental increases.

Fully Leased Net Income: $184,344.12 p.a ($15,362.01p.m + GST + VO's)

Market Rent Reviews the start of each further term, CPI Reviews each anniversary of the commencing date during the term as extended or renewed as if on continuous term other than Market Review date.

Very rarely do we see investment properties like these offered for sale.

A copy of the Information Memorandum (IM) is available by contacting HFN Real Estate.

For more information on this excellent opportunity contact Helen Farrell at HFN Commercial on 0417 428 667 or by emailing hfarrell@hfn.com.au