Clean investment to attract widespread buyer interest

Perth, 05 May 2016 – The home of national cleaning specialist ENJO’s Perth headquarters has been listed for sale – providing an outstanding fully leased investment opportunity in the city’s south-west.

CBRE and LJ Hooker Commercial have been appointed to sell the 2,279sqm office warehouse facility on behalf of owners Warrington Property. The property comprises three buildings located at 11b, 11c and 17 Aldous Place, Booragoon.

ENJO Australia has occupied the premises since 2005, with a new 10-year lease extension currently in place and further options until 2036. The property offers a secure net income of $420,500 per annum.

CBRE’s Ben Younger said the property represented a premium investment opportunity.

“The opportunity to acquire an asset backed by a leading national tenant such as ENJO in a strong and tightly held commercial precinct will no doubt attract strong buyer interest from both local and interstate groups,” Mr Younger said.

LJ Hooker’s Matthew Lyford commented on the deal: “Given the property’s location in Booragoon, the property is also positioned to benefit from the strong residential growth forecast for the area, as well as close proximity to major health and education precincts such as the new Fiona Stanley Hospital and Murdoch & Curtin universities.”

The property, which includes 38 allocated car bays in addition to access to a further nine shared bays, is surrounded by many of Perth’s well-established and sought-after suburbs, including Winthrop, Applecross and Melville.

The property is being offered for sale via Offers to Purchase Invited Campaign closing Wednesday 1st June 2016 at 3pm. 

For Australian/international news or global stories, follow us on Twitter.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than  400 offices (excluding affiliates) worldwide.  CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.  Please visit our website at www.cbre.com.