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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
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Cushman & Wakefield - PERTH
Level 14, 225 St Georges TerracePERTH, WA 6000
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77-83 McDowell Street
Welshpool, WA 6106
Map of 77-83 McDowell Street
Train stations within 5 km of 77-83 McDowell Street, Welshpool, WA 6106 Distance Cannington Station 3.3 km Queens Park Station 3.4 km Beckenham Station 3.7 km Welshpool Station 4.4 km High Wycombe Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 77-83 McDowell Street, Welshpool, WA 6106 Distance Orrong Rd Before Felspar St 959 m Welshpool Rd Before Station St 993 m Kurnall Rd After Dowd St 1 km Orrong Rd After Felspar St 1.1 km Abernethy Rd Before Casella Pl 1.2 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.
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
Cushman & Wakefield - PERTHLevel 14, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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