198 Star StreetWelshpool WA 6106
Property Details for 198 Star St, Welshpool
Last Listing description (May 2023)
Fully Leased
Great Access
Total Area of 703sqm
MLV Real Estate has pleasure, as exclusive agents, bringing to the market a 703 sqm industrial unit in the Welshpool Industrial Precinct.
This Ideally located corner site providing a total 703sqm of Strata Area. Access to the premises can be gained via two bitumen crossovers off Briggs Street and Star Street.
The improvements comprise of approximately 291sqm of Warehouse/Office Accommodation and 412sqm of Yard/Open Space. The front of the building has approximately 84sqm of Canopy providing under-cover parking. The property is currently occupied by a long standing tenant presenting an amazing opportunity to secure a long term commercial investment property.
Property Features:
Leased till March 2028 at $35,000 P.A.
Further option of 5 years to March 2033
Warehouse Access off Briggs
Ample parking available
Sold as a Going Concern (no GST applicable)
Property History for 198 Star St, Welshpool, WA 6106
- 20 Mar 2023Listed for Sale $690,000 (Going Concern)
Recent sales nearby
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0About Welshpool 6106
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 March 2026:
- The median value for Houses in Welshpool is $922,944 while the median value for Units is $535,923.
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