168 Walter Road WBedford WA 6052
Property Details for 168 Walter Rd W, Bedford
Last Listing description (February 2026)
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- Market rent review (upwards only) at the start of each option- Frontage to Walter Road West and Coode Street with approximately 23,800 passing vehicles a day^Vibe Petroleum is the largest independent fuel retailer in Western Australia, established in 2014, with 50 petrol stations.The business is not for sale just the property with a strong rental income.For further details or to arrange an inspection please contact the Agent:Brett WilkinsM: 0478 611 168E: brett.wilkins@raywhite.com* approximate^ Source: MainRoads WA
Property History for 168 Walter Rd W, Bedford, WA 6052
- 04 Nov 2025Listed for Sale $6m | 12 year lease | inner-city location
- 06 May 2024Listed for Sale $6m | 12 year lease | inner-city location
- 01 Aug 2022Listed for Sale Price on Application
Recent sales nearby
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About Bedford 6052
The size of Bedford is approximately 2.3 square kilometres. There are 14 parks, covering nearly 8.7% of the 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 2,934 properties. Over the last 5 years, Houses in Bedford have seen a 76.44% increase in median value, while Units have seen a 119.07% increase. As at 30 June 2026:
- The median value for Houses in Bedford is $1,261,840 while the median value for Units is $895,106.
- Houses have a median rent of $755 while Units have a median rent of $710.
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