174 Railway ParadeBassendean WA 6054
Property Details for 174 Railway Pde, Bassendean
Last Listing description (August 2026)
174 Railway Parade, Bassendean presents a rare opportunity to acquire a fully leased industrial investment on a substantial 10,292 sqm landholding with three street frontages, directly opposite Ashfield Station and moments from Guildford Road and Tonkin Highway.Anchored by DT Infrastructure, a Gamuda Berhad company (KLSE: GAMUDA) currently delivering METRONET's Yanchep Rail Extension and Thornlie to Cockburn Link, and complemented by FLANDERS, a global provider of electrical and automation solutions to mining and heavy industry. The holding is 100% leased on triple net terms, delivering a total of $962,700 pa net with fixed annual increases and all outgoings recovered from the tenants. Secure contracted income today while retaining the longer-term optionality of a 1.0292 ha site with a train station at the doorstep. Key attributes of the offering include:- $962,700 pa net income, 100% leased on triple net terms- 10,292 sqm landholding, three street frontages, opposite Ashfield Station- Improvements totaling approximately 5,268* sqm split across two separate buildings- Approximately 5.2 year WALE by Income as of 1 August 2026- Tenants: DT Infrastructure (a Gamuda company) and FLANDERS- Bank guarantees held across all leases- Zoned "Light Industry" under Town of Bassendean LPS No.11 - allows a wide range of industrial and commercial uses- Key road linkages including Tonkin Highway- Great street presence on Railway Parade - Generous parking facilities - Sold as a Going ConcernDon't miss this outstanding opportunity to secure a strategic industrial holding in a tightly held precinct. 174 Railway Parade offers secure, fully leased income from two established international occupiers on a substantial landholding, opposite Ashfield Station and minutes from Tonkin Highway, Perth Airport and the Perth CBD.OFFERS INVITED CLOSING Thursday 3rd September 2026 at 4pm WST (unless sold prior). The Information Memorandum is available to qualified parties on enquiry. Buyers are encouraged to enquire early and submit their best offer before the closing date. Contact Max Vaghella to obtain a copy of the Information Memorandum or arrange an inspection. *All areas are approximate. Photos used are from various time frames.
Property History for 174 Railway Pde, Bassendean, WA 6054
- 31 Jul 2026Listed for Sale Offers Invited Closing Thursday 3/9/26 4pm WST
- 28 May 2025Listed for Sale Contact Agent
- 23 May 2025Listed for Rent - Price not available
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0About Bassendean 6054
The size of Bassendean is approximately 7.4 square kilometres. There are 30 parks, covering nearly 13.6% of the total area. The population of Bassendean in 2016 was 10313 people. By 2021 the population was 10837 showing a population growth of 5.1% in the area during that time. The predominant age group in Bassendean is 30-39 years. Households in Bassendean are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bassendean work in a professional occupation.In 2021, 70.10% of the homes in Bassendean were owner-occupied compared with 68.80% in 2016.
Bassendean has 6,166 properties. Over the last 5 years, Houses in Bassendean have seen a 92.92% increase in median value, while Units have seen a 121.99% increase. As at 31 July 2026:
- The median value for Houses in Bassendean is $1,108,606 while the median value for Units is $767,543.
- Houses have a median rent of $750 while Units have a median rent of $650.
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