77-83 McDowell Street, Welshpool
77-83 McDowell Street Welshpool WA 6106
Key Property Highlights
| Building Area | 4596 sqm |
|---|---|
| Land Area | 8879 sqm |
| Parking | Onsite Parking Available |
| Listing Status | Current |
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.