168-170 Walter Road W, Bedford, WA 6052 | Commercial for sale | OnTheHouse
 
FOR SALE
$6m | 12 year lease | inner-city location

168-170 Walter Rd W
Bedford WA 6052

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 2528m2
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Quality sound investment

This is a property investment with a new 12 year lease from Vibe Fuel on offer (the business is not for sale).
It is situated ona prominent Inner-city corner location.
An opportunity exists to acquire a new fuel station as an investment in the middle of Bedford on a new 12-year lease.
The fuel station is strategically located on the corner of Walter Road West and Coode Street in Bedford just 900m* from Morley Galleria.
The service station is situated on a 2,528sqm corner site and will be tenanted to VIBE Petroleum who recently constructed the station in 2021.
Highlights:
• New 2021 construction
• $360,000pa Net Income
• 12-year lease and 4 x 5 years options commenced 1 July 2023
• CPI + 0.5% annual rent increases
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Property Details for 168-170 Walter Rd W, Bedford

Building Type
Commercial
Floor Size
230m2
Land Size
2528m2
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About Bedford 6052

The size of Bedford is approximately 2.3 square kilometres. It has 14 parks covering nearly 8.7% of total area. The population of Bedford in 2016 was 5438 people. By 2021 the population was 5716 showing a population growth of 5.1% in the area during that time. The predominant age group in Bedford is 30-39 years. Households in Bedford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bedford work in a professional occupation.In 2021, 69.20% of the homes in Bedford were owner-occupied compared with 67.20% in 2016.

Bedford has 2,924 properties. Over the last 5 years, Houses in Bedford have seen a 82.30% increase in median value, while Units have seen a 101.70% increase. As at 30 November 2025:

  • The median value for Houses in Bedford is $1,166,376 while the median value for Units is $796,044.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 1 property listed for rent in Bedford on OnTheHouse. According to Cotality's data, 105 properties were sold in the past 12 months in Bedford.

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Brett Wilkins
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RWC WA
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