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Naval Base, 151 (Lot 31) Weston Street


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Contact Details

Phil Farris
Mobile: 0411 333 550
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OFFERS TO PURCHASE, NO GST

Land Size : 33707 m2
Type : Land

UNIQUELY STRATEGIC 33,707 SQM (3.37HA) LAND HOLDING. OFFERS CLOSING FRIDAY 30/11/18 5PM WST

*Unique offering where similar sales rarely occur
*In Western Australia's Primary Industrial Area. The Kwinana Industrial Area (KIA)
*Heavy transport linkagesroad, rail, port (Kwinana Bulk Terminal) Located amongst WA's
Major *Industrial Corporations
*Significant land holding 33,707 Sqm. (3.3707 Ha)
*Occupy or develop the site
*Excellent periodical holding income from two tenancies

This is a genuine opportunity to buy a property where properties are rarely
*Unique offering where similar sales rarely occur
*In Western Australia's Primary Industrial Area. The Kwinana Industrial Area (KIA)
*Heavy transport linkagesroad, rail, port (Kwinana Bulk Terminal) Located amongst WA's
Major *Industrial Corporations
*Significant land holding 33,707 Sqm. (3.3707 Ha)
*Occupy or develop the site
*Excellent periodical holding income from two tenancies

This is a genuine opportunity to buy a property where properties are rarely seen for sale and located amongst some of the most prominent corporations in Australia. The sale carries with it, if desired, the benefit of not paying GST, paying less Stamp Duty and no imposition on cashflow,along with circa $600,000 net pa income.

Kwinana Industry is a major contributor to the success of Western Australia at National and International Level. It covers 2,400 ha approx. and falls within the Western Trade Coast located 30km approx. south of the Perth CBD. Symbiotic industrial relationships have been highlighted as an important component of doing business within the Kwinana Industrial Area.

The Naval Base Industrial Area is a significant part of the State's Primary Industrial Area - Kwinana Industrial Area. Together with East Rockingham, Rockingham, Kwinana Beach, Hope Valley and Henderson comprises a Heavy Industrial and Ship Building precinct. Major uses include Power Station, soon to be the world's largest Lithium Hydroxide Producer, Alumina Refinery and world's single largest source of Alumina is exported from here, Perth's Desalination Plant, Oil Refinery, Chemical and Fertiliser Works, Steel Manufacturing and Fabrication Facilities.
Specifically, this property is adjacent to Kwinana Power Station, BGC Cement and the Freight Railway Line. Also, this property is near the Perth Desalination Plant, Steel Mains and Alcoa.It is located at the corners of Weston Street, Morley Street and Beard Street on the western side of the freight railway line and is just off Rockingham Road. Beard Street is the main access point to the western portion of Naval Base and Fremantle Ports Kwinana Bulk Terminal which is one of Australia's major bulk cargo ports.

This is a 33,707sqm site regular shaped and level with road grade. Street Frontage Morley 262.88 metres, Beard 158.28 metres, Weston 88.34 metres, Eastern Railway Boundary 243.05 metres. The property currently uses two access points at the corner of Beard and Morley Streets and Weston and Morley Streets.
The description of the land is Lot 31 on Diagram 43678, Certificate of Title Volume 2165 Folio 60. There are no encumbrances that affect the Use or Sale of the property. See sketch.
Local Authority City of Kwinana
Zoning General Industrial, Refer to Zoning and Uses table.
Metropolitan Region Scheme Industrial

Erected upon the site is and older style brick and iron office, ablution block and three iron workshops which together provide the total building area of approximately 2,010 square metres.
312sqm Office: Single level comprising a reception, boardroom, partitioned office, an open plan workstation area, lunchroom and separate male and female bathrooms. There is a patio/pergola adjoining the southern side of the office.
102sqm Ablution Block: This accommodation has a lunch room, change room with bathroom and usual fittings.
960sqm Workshop 1:This workshop has a clearance height of 6 to 8 metres approx. and has central structural steel columns, inspection pits, front and rear sliding doors, skylights and high bay lighting.
281sqm Workshop 2: This workshop has a clearance height of 3.5 to 4.5 metres approx. and has front and rear sliding doors, skylights and high bay lighting.
355sqm Workshop 3 : This workshop has a clearance height of 4 to 5 metres approx. and has an inspection pit, front and rear sliding doors, skylights and high bay lighting.
Additional improvements are two fuel dispensing facilities each with a bunded above ground diesel tank, bunded refuelling area, coalescing separator system and below ground sumps. Adjacent to each fuel dispensing facility is a concrete wash down bay with runoff collection points. Additionally, at the rear of workshop 3 is a bunded above ground tank area, coalescing separator system and concrete wash down bay with below ground sump.
The balance of the site comprises predominantly bitumen and road-base hardstand, fully fenced with mounted lighting.Please note that all improvements are being sold in an "As Is Where Is" condition.
The Sellers have not negotiated new leases with the current tenants in order to sell the property to an owner occupier.Current periodical tenants are Boom Logistics Limited KandS Freighters Pty Ltd who have both expressed a desire to renegotiate new leases.
No GST is payable as the property is being sold as a "Going Concern" with the periodical tenancies in place. Vacant Possession can be arranged, but GST will be payable.

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