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216-218 Welshpool Road View More Images

For Sale | Industrial Investment Property Sold

For Sale – Industrial Investment Opportunity – Irreplaceable Asset

216-218 Welshpool Road
Welshpool, WA 6106
Australia
Inquire About This Property
Building Size:
2,300.5 SQM
Sale Price:
Negotiable
Lot Size:
4,280 SQM
Key Features
  • 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.

- Perth - Southern Suburbs
216-218 Welshpool Road View More Images

Brokers

Andrew Fife
Andrew Fife

Senior Director, Sales & Leasing , WA - Logistics & Industrial
Perth, Australia
License: RR59389

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