FRANCISCO STREET_

93 FRANCISCO ST, BELMONT

A modern office and warehouse building situated on a 1.3 hectare landholding in the Belmont Business Park, within close proximity of the Perth CBD, Perth Airport and major arterial connections.

The property’s anchor tenant is Hitachi Rail STS Australia, a subsidiary of the global Hitactchi Group, who has been in occupation of the property since it was completed in 2007.  The balance of the Property, comprising approximately 20% of the lettable area, is leased to JSA Sports Academy on an initial seven year lease from November 2018 with a further three year option.  Both leases include fixed annual rental increases, bank guarantee protection and capped market rental reviews at lease option exercise.