9 Lucas Street
Broome, WA 6725

Overview

FULLY LEASED LIGHT INDUSTRY INVESTMENT

This fully leased light industrial investment property located at 9 Lucas Street in Broome offers a strong net income and long-term security within Broome's primary Light Industrial precinct. The asset features a brand new 5-year lease with potential extensions, providing a stable income stream and future growth opportunities.

The site spans 2,728 square meters with a lettable building area of 1,285 square meters. The property includes substantial improvements such as two large workshops, a two-level office building, and a warehouse, all designed for functionality and flexibility. The entire site is covered with a fully concrete hardstand, ensuring low maintenance and high usability.

Key property highlights include a secure site with full boundary fencing and gated access, ample on-site and street parking, and excellent access with dual entry points and a horseshoe driveway. The workshops are insulated and equipped with multiple automatic roller doors, air-conditioned offices, bathrooms, and storage areas. The office building comprises 13 offices, a boardroom, meeting rooms, kitchen, bathroom and laundry facilities, display and printing areas, storage rooms, server room, and outdoor verandahs with bar and gazebo/carport areas. The warehouse includes roller doors, a personnel access door, storage racks, enclosed storage, and a mezzanine level.

The lease structure is a net lease, where the tenant is responsible for all outgoings, providing a set-and-forget investment opportunity. The lease includes CPI reviews and options for further extensions, ensuring long-term income security.

Broome's growing population and infrastructure investments continue to support economic confidence and industrial growth, making this property a rare opportunity to secure a large-scale, fully leased industrial asset with strong income and low maintenance requirements.

Building areas have been estimated from building plans and on-site measurements and are approximate only.

Change History

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