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137 Dixon Road, Rockingham

Overview

Address 137 Dixon Road, Rockingham
Region Metro South
Land Area 5,830sqm
Building Area 1,118.90sqm
Passing Net Income $431,716.00 per annum
Zoning Light Industrial
Method of sale Expressions of Interest

Description

Vend Property are pleased to offer 137 Dixon Road, Rockingham in Western Australia for sale by Expressions of Interest which closes at 4pm AWST Thursday 18th November 2021.

This investment Opportunity to purchase a highly prominent corner location occupied by two (2) tenants which is anchored by a fifteen (15) year lease.

KEY INVESTMENT CONSIDERATIONS:

  • Freestanding Fuel station and Auto Service Centre
  • Serviced by a fifteen (15) year lease to anchor tenant
  • Highly Prominent corner
  • Fixed 3% annual reviews 11.89 year WALE
  • Completed in 2020 and built to tenant’s requirements
  • Significant taxation depreciation benefits.

Location

Rockingham is located approximately 38 kilometres due south of the Perth CBD and approximately 17 kilometres due north of Mandurah, Australia’s fastest growing suburb. The property is located on the corner of Dixon Road and Evinrude Bend, approximately 500 metres from the intersection of Mandurah Terrace and the new freeway extension.

The subject property benefits from an all directional intersection which provides direct access via Evinrude Bend and Dixon Road. Extensive road works associated with Kwinana Freeway extension have resulted in an increased traffic flow by 27% through Dixon Road.

137 Dixon Road, Rockingham