41-43 Baile Road, Canning Vale WA 6155UNIQUE INVESTMENT OPPORTUNITY- 100% Leased to ASX listed tenant- Office/Warehouse of 10,460sqm*- Total Site Area of 23,176sqm*Knight Frank as exclusive selling agents are pleased to offer for sale by Request for Offers 41-43 Baile Road, Canning Vale. Prominently positioned on Baile Road in proximity to Roe Highway, the property comprises a functional office/warehouse of some 10,460sqm situated on a 2.32Ha site.The property is fully leased to J. Blackwood & Son Pty Ltd (a subsidiary of ASX listed Westfarmers Limited) with a WALE of 4.28 years.Improvements comprise a freestanding office block situated at the front of the property, with a newly constructed dangerous goods store attached to the rear of a fully sprinklered, high truss warehouse benefiting from full vehicle circulation, drive through capability and all-weather loading from multiple canopies.KEY FEATURES:- Improvements: 10,460sqm*- Site Area: 23,176 sqm*- Blue Chip Industrial Area- Proximity to Roe Highway and Kwinana Freeway- Zoned "General Industry"- 19km* to Perth CBD- 18km* to Perth AirportLEASE SUMMARY- Fully leased to J. Blackwood & Son Pty Ltd- Passing Net Income: $815,000 pa + GST- WALE of 4.28 Years (as at 11th October 2021).- Annual Rent Reviews: CPI - Estimated Outgoings: $208,972 pa + GST (fully recoverable)*ApproxThe property is offered for sale via a "Request for Offers" campaign closing Thursday 4th November 2021 at 4.00pm AWST. To request a copy of the information memorandum, please contact the exclusive selling agents.
The size of Canning Vale is approximately 25.4 square kilometres. It has 71 parks covering nearly 17.1% of total area. The population of Canning Vale in 2016 was 33059 people. By 2021 the population was 34504 showing a population growth of 4.4% in the area during that time. The predominant age group in Canning Vale is 40-49 years. Households in Canning Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Canning Vale work in a professional occupation.In 2021, 79.30% of the homes in Canning Vale were owner-occupied compared with 81.00% in 2016.
Canning Vale has 13,498 properties. Over the last 5 years, Houses in Canning Vale have seen a 97.75% increase in median value, while Units have seen a 112.90% increase. As at 31 December 2025:
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