Ray White Broome is proud to present 4/8 De Castilla Street, Minyirr - a leased, in demand industrial asset with long standing tenants. Improvements comprise a workshed/office/bathroom (204 sqm) in a sought after location.
PROPERTY SUMMARY:
• Lettable Area: 204 sqm
LEASE SUMMARY
• New 5 year lease to established tenant (approx. 12 years occupancy)
• Lease Expiry Jan 2031.
• Gross Rent $72,000 pa ($6,000 per month)
PROPERTY HIGHLIGHTS:
• Functional Workshed (204 sqm) with integrated office/bathroom.
• Fully air-conditioned internal office (approx. 40 sqm) comprising a kitchen, lounge/dining and workspace.
• Bathroom amenities (toilet, shower, hand basin)
• Mezzanine storage (40 sqm).
• High clearance sliding door (4.4m clearance).
• Concrete verandah (27 sqm)
• Tandem exclusive use carbay (67 sqm)
• Strategic location in close proximity to Port and KMSB.
• Internal fenced yard.
STRATA SCHEME
• Fully fenced parent site (8,590 sqm).
• Extensive concrete hardstand throughout.
• Ample common area parking.
• Well established and tightly held 8-unit strata scheme.
• Sought after location.
4/8 De Castilla Street represents a compelling opportunity to secure a quality leased industrial investment underpinned by long-standing tenants and strong local demand for industrial assets, especially in this location.
Outgoings:
Council Rates: $5,209 pa
Water Rates: $315 pa
For further information or to arrange an inspection, please contact Nick Johnston on the following:
Phone: 0417 714 976
Email: nick.johnston@raywhite.com
Please note that these internal measurements are approximate only.
The size of Minyirr is approximately 10.7 square kilometres. There are 3 parks, covering nearly 12.2% of the total area. The population of Minyirr in 2016 was 108 people. By 2021 the population was 76 showing a population decline of 29.6% in the area during that time. The predominant age group in Minyirr is 30-39 years. Households in Minyirr are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Minyirr work in a labourer occupation.In 2021, 62.50% of the homes in Minyirr were owner-occupied compared with 40.00% in 2016.
Minyirr has 185 properties. Over the last 5 years, Houses in Minyirr have seen a 14.12% increase in median value, while Units have seen a 173.62% increase. As at 31 May 2026:
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