Unit 1, 202 Star Street comprises a quality unit situated in a busy industrial precinct within Welshpool - leased to 'Island Vibes Caf' until October 2029.
Operating as a lunch bar and catering facility, the building of 149sqm occupies a prominent corner position within the four unit complex and comprises a glazed shop front with brick elevations and metal deck roof cover. Situated on a 245sqm survey strata lot, a 96sqm yard provides ample parking across seven (7) parking bays and bonus yard space.
Key Features
Tenancy Details
* Tenant: Island Vibes Caf
* Net Rent: $38,189 pa
* Lease expiry: October 2029
* Reviews: Annual to CPI
The size of Welshpool is approximately 8.3 square kilometres. It has 6 parks covering nearly 0.6% of total area. The population of Welshpool in 2016 was 19 people. By 2021 the population was 16 showing a population decline of 15.8% in the area during that time. The predominant age group in Welshpool is 50-59 years. Households in Welshpool are primarily single parents and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Welshpool work in a machinery operators and drivers occupation.In 2021, 50.00% of the homes in Welshpool were owner-occupied compared with 0.00% in 2016.
Welshpool has 1,596 properties. Over the last 5 years, Units in Welshpool have seen a -17.00% decrease in median value. As at 31 December 2025:
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