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Cushman & Wakefield - PERTH

77-83 McDowell Street Welshpool, WA 6106

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77-83 McDowell Street,
Welshpool, WA 6106

Warehouse, Factory & Industrial

Price information

Sale

Offers Invited Closing 4pm (AWST) 08 August 2024

Key property information

Land area

Floor area

Property extent

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to arrange a private inspection.
Cushman & Wakefield - PERTH
Nick Goodridge
Andrew Fife

Cushman & Wakefield - PERTH

Level 14, 225 St Georges Terrace
PERTH, WA 6000
Cushman & Wakefield - PERTH
77-83 McDowell Street
Welshpool, WA 6106

Map of 77-83 McDowell Street

Directions
  • Train stations within 5 km of 77-83 McDowell Street, Welshpool, WA 6106Distance
    Cannington Station3.3 km
    Queens Park Station3.4 km
    Beckenham Station3.7 km
    Welshpool Station4.4 km
    High Wycombe Station4.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 77-83 McDowell Street, Welshpool, WA 6106Distance
    Orrong Rd Before Felspar St959 m
    Welshpool Rd Before Station St993 m
    Kurnall Rd After Dowd St1 km
    Orrong Rd After Felspar St1.1 km
    Abernethy Rd Before Casella Pl1.2 km
    POWERED BY HERE ©
POWERED BY HERE ©

FOR SALE | THE MCDOWELL MARVEL | WELSHPOOL FREESTANDER | PERTH, WA

  • 100% Leased to Subsidiary of Elders Ltd
  • Rare Welshpool Investment Opportunity
  • Long Standing Occupier
Cushman & Wakefield WA acting as exclusive agents, is pleased to present an exceptionally rare opportunity to acquire a high-quality industrial investment located in Western Australia’s premier industrial precinct and one of the nation’s highest barriers to entry investment markets.

The asset is 100% leased to a subsidiary of Elders Ltd, and offers the following compelling features:

• Fully refurbished office and warehouse facility with total GBA of 4,596sqm*
• High value, single freehold corner land holding of 8,879sqm* zoned General Industry
• 5-year WALE to AIRR Pty Ltd, a wholly owned subsidiary of Elders Ltd (as of 1 December 2024).
• Net income of $620,000* p.a. (as of 1st December 2024) with 100% occupancy
• Fixed rental growth linked to CPI providing a strong running yield
• Genuinely rare offering with very few opportunities to secure investment grade product above AUD $5 million in the Perth industrial market, and in particular the eastern industrial corridor
• Core eastern location providing fast and efficient access to major arterials connecting to Perth Airport, Fremantle Port, Kewdale Freight Terminal, and all major road networks servicing the Perth metropolitan area.

The property is being sold via an Offers Invited campaign closing 4pm AWST Thursday 8th August 2024.

For further information please contact the exclusive marketing agents.

*Approx.

Property ID: 504635312Last Updated: 10 Jul 2024

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