216-218 Welshpool Road,
Welshpool, WA 6106
Warehouse, Factory & Industrial
Price information
Sold
$4,500,000
Key property information
Land area
Floor area
Property extent
Zoning
Tenure type
Sold on
Cushman & Wakefield - PERTH
Level 14, 225 St Georges TerracePERTH, WA 6000
216-218 Welshpool Road
Welshpool, WA 6106
Map of 216-218 Welshpool Road
For Sale – Industrial Investment Opportunity – Irreplaceable Asset
- Securely Leased Industrial Asset
- High Underlying Land Value
- Significant Rental Reversion
Cushman & Wakefield’s Brokerage Logistics & Industrial WA team is pleased to offer For Sale an exceptional investment opportunity comprising a major road holding underpinned by a secure income stream with significant upside and positioned in Western Australia’s highest value industrial real estate market.
Key Investment Highlights for 216-218 Welshpool Road, Welshpool include:
• Securely leased to major West Australian steel manufacturer Razorback Mining Services Pty Ltd
• Passing income of $240,000 p.a. ($104.33psm)
• Annual rent review structure provides for significant rental reversion
• High profile, major road land holding of 4,280sqm with frontage to Welshpool Road and additional access from Kewdale Road
• Positioned in Western Australia’s tightest held market and highest underlying land value precinct with very few transactions in the last 3 years
• Tenant required infrastructure embedded in heavy duty manufacturing facility with 2x 40T overhead gantry cranes and additional plant and equipment
• Underdeveloped site provides scope for future building expansion and potential value creation opportunities
The property is being offered for sale via Offers Invited closing Wednesday 28th February 2024 at 4pm (AWST).
For further information please contact the exclusive selling agents.
*Approx.
Key Investment Highlights for 216-218 Welshpool Road, Welshpool include:
• Securely leased to major West Australian steel manufacturer Razorback Mining Services Pty Ltd
• Passing income of $240,000 p.a. ($104.33psm)
• Annual rent review structure provides for significant rental reversion
• High profile, major road land holding of 4,280sqm with frontage to Welshpool Road and additional access from Kewdale Road
• Positioned in Western Australia’s tightest held market and highest underlying land value precinct with very few transactions in the last 3 years
• Tenant required infrastructure embedded in heavy duty manufacturing facility with 2x 40T overhead gantry cranes and additional plant and equipment
• Underdeveloped site provides scope for future building expansion and potential value creation opportunities
The property is being offered for sale via Offers Invited closing Wednesday 28th February 2024 at 4pm (AWST).
For further information please contact the exclusive selling agents.
*Approx.
Property ID: 504504888Last Updated: 15 Apr 2024
Cushman & Wakefield - PERTHLevel 14, 225 St Georges Terrace
PERTH, WA 6000
PERTH, WA 6000
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