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216-218 Welshpool Road
Welshpool WA 6106
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Sold on 3 Mar 2024

216-218 Welshpool Road Welshpool WA 6106

  • Factory, Warehouse & Industrial
  • 2,301 m²
  • Sold

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.

Cushman & Wakefield (WA) Pty Ltd
Cushman & Wakefield (WA) Pty Ltd
Level 14/225 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold3 Mar 2024
Floor Area2,301 m²
Land Area4,280 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019018506
Category
Last updated  15 Apr 2024
Map for 216-218 Welshpool Road Welshpool WA 6106
Cushman & Wakefield (WA) Pty Ltd
Cushman & Wakefield (WA) Pty Ltd
Level 14/225 St Georges Terrace
Perth, WA 6000

Property Highlights

Date Sold3 Mar 2024
Floor Area2,301 m²
Land Area4,280 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2019018506
Category
Last updated  15 Apr 2024

Co-Agents

Andrew Fife
Andrew Fife
Cushman & Wakefield (WA) Pty Ltd
Call
0439 033 673
Ross Palframan
Ross Palframan
Cushman & Wakefield (WA) Pty Ltd
Call
0421 748 874

More about 216-218 Welshpool Road Welshpool WA 6106

216-218 Welshpool Road Welshpool WA 6106 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 2,301 m² and a land area of 4,280 m². The listing ID for this property is 2019018506.

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