78 Great Eastern Highway

West Kalgoorlie WA 6430

Perth is approximately 600km West of Kalgoorlie on the Great Eastern Highway.
The property comprises a modern industrial complex incorporating a main office/showroom/warehouse, three freestanding sheds, an open sided workshop, a spray booth and associated canopies. The buildings were constructed in 2000.
The main warehouse is of steel framed construction with concrete floors and metal clad walls and roof. The adjoining showroom/office component is of brick construction with metal deck roof.
Internally the main warehouse comprises concrete floors metal clad walls and an insulated ceiling. The workshop is accessed via two roller doors, one 3m wide and the other 5m wide. The warehouse incorporates a small internal brick office, staff lunch room and male and female WCs.
The remainder of the site includes extensive bitumen paving to the front and side of the main building. The rear of the lot is covered with road base.
Summary of Main Commercial Terms
Tenant: Coates Fleet Pty Ltd
Initial Rent: $220,000 per annum Net + GST
Area: Office/Showroom - 200m? approximately
Warehouse/Workshop - 1,545m? approximately
Awnings - 503m? approximately
Lease Term: Five (5) Years
Options: Three (3) options of Five (5) years each
Rent Review: Annual increases of 4.00% during the initial term and any subsequent option terms.
Guarantor: Coates Hire Limited
Outgoings: All normal outgoings will be payable by the Lessee excluding repairs and maintenance of a structural and/or capital nature