MLV Real Estate presents the opportunity for investors to acquire a quality leased office warehouse unit in 'Imola Business Park', a high profile commercial and industrial development in one of Perth's premier industrial suburbs.
THE ASSET
Leased to an established National company 'Handley Surveys' until August 2025, Unit 3 comprises a modern ground level strata office/warehouse unit that presents to an excellent standard and offers versatile accommodation.
The office comprises a functional mixture of partitioned offices, open space and separate executive offices with carpeted floors, recessed fluorescent lighting and ducted air conditioning, kitchen, lunchroom and toilet facilities. The rear warehouse is high truss clear span of with access via a rear roller door. There are 7 car bays allocated to the unit.
AREAS
Office: 300sqm*
Warehouse: 194sqm*
Car parking: 7 bays (96sqm)
*approximately
LOCATION
Kewdale is located approximately 9km east of the Perth CBD and is considered one of Perth's premier industrial suburbs.
The complex benefits from a prominent position at the intersection of Kewdale Road and Abernethy Road. More specifically, Unit 3 is located on the Kewdale Road Frontage, with a high level of exposure to over 15,000 vehicles per day (2020/21, Main Roads Average Monday to Friday).
TENANCY DETAILS
Net Passing Rent of $62,201 pa
Expiry 31st August 2025
Fixed Annual Increases of 3%
The size of Kewdale is approximately 8.4 square kilometres. There are 14 parks, covering nearly 4.9% of the total area. The population of Kewdale in 2016 was 6891 people. By 2021 the population was 7397 showing a population growth of 7.3% in the area during that time. The predominant age group in Kewdale is 30-39 years. Households in Kewdale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kewdale work in a professional occupation.In 2021, 61.00% of the homes in Kewdale were owner-occupied compared with 62.50% in 2016.
Kewdale has 4,289 properties. Over the last 5 years, Houses in Kewdale have seen a 104.10% increase in median value, while Units have seen a 115.43% increase. As at 30 June 2026:
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