Yennett has taken on the project of converting the existing Karratha Cinema into the first West Perth Class office in Karratha.
The project is split into two stages.
Stage one: Existing conversion into a ground
floor and constructing a first floor inside the
structure of approx. 1200sq meters .
Stage Two: Construct a two story complex of approx. 400Sq meters on the North West side with views over the archipelago.
Both Stage One and Two are now completed:
Stage One: One unit available for lease, all other Units are leased and several have Government Tennants and are available for Purchase. A net rental return of Approximately of 9% in year one. Set percentage rent increase apply on an annual basis of 4%.
Stage Two: One ground floor is available for lease and the entire top unit is available for lease.
want to be part of the Pilabara then this is the easy way in.
Your contacts are ( ) and
(Ray White Karratha
) andBarry Toms
(Alpha Realty Perth