This highly recommended investment demands consideration from an astute investor. This purpose built property is a recently completed office warehouse with specialised design features way beyond your average shed. - The building is currently leased to Klen International who is a subsidiary of Avantor Performance Materials, a US company which was founded in 1867 and has a turnover in excess of $4 billion a year. - Klen competes successfully with its national and international competitors and has become the largest manufacturer and supplier of Fire Assay Flux in the world. - Distributing to over 63 countries worldwide, Klen is truly an international company.- The building was purpose built for Klen with the foundations for a second floor office already built. - The property and building has stringent licences granted specific to the site making it expensive for relocation of the tenant in the future.- The building is adaptable to allow future industrial uses should the tenant vacate at the conclusion of their lease. - 4.5 years remaining on current lease with a 5 year option. - Annual rent increases to CPI - Significant depreciation allowances.* subject to mortgage For further information or to arrange an inspection please contact: Brett WilkinsM: 0478 611 168E: brett.wilkins@raywhite.com
The size of Neerabup is approximately 29.8 square kilometres. It has 10 parks covering nearly 47.4% of total area. The population of Neerabup in 2016 was 104 people. By 2021 the population was 112 showing a population growth of 7.7% in the area during that time. The predominant age group in Neerabup is 40-49 years. Households in Neerabup are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Neerabup work in a labourer occupation.In 2021, 71.40% of the homes in Neerabup were owner-occupied compared with 66.70% in 2016.
Neerabup has 543 properties. Over the last 5 years, Houses in Neerabup have seen a 159.12% increase in median value, while Units have seen a -31.94% decrease. As at 30 November 2025:
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